Altus Power Inc. (NYSE: AMPS) is -36.46% lower on its value in year-to-date trading and has touched a low of $4.26 and a high of $11.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMPS stock was last observed hovering at around $6.26 in the last trading session, with the day’s gains setting it 0.38%.
Currently trading at $6.64, the stock is 0.22% and -2.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.27 million and changing 6.07% at the moment leaves the stock -17.92% off its SMA200. AMPS registered -33.06% loss for a year compared to 6-month loss of -14.65%. The firm has a 50-day simple moving average (SMA 50) of $15.22 and a 200-day simple moving average (SMA200) of $10.09.
The stock witnessed a -8.54% gain in the last 1 month and extending the period to 3 months gives it a 7.79%, and is -2.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.72% over the week and 7.12% over the month.
Altus Power Inc. (AMPS) has around 44 employees, a market worth around $1.08B and $71.80M in sales. Fwd P/E is 48.12. Distance from 52-week low is 55.87% and -41.47% from its 52-week high. The company has generated returns on investments over the last 12 months (3.60%).
The EPS is expected to grow by 153.90% this year.
Altus Power Inc. (AMPS) Top Institutional Holders
The shares outstanding are 152.66M, and float is at 65.23M with Short Float at 4.81%.
Altus Power Inc. (AMPS) Insider Activity
A total of 11 insider transactions have happened at Altus Power Inc. (AMPS) in the last six months, with sales accounting for 0 and purchases happening 11 times.