Amplify Energy Corp. (NYSE: AMPY) is 20.24% higher on its value in year-to-date trading and has touched a low of $3.56 and a high of $8.15 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AMPY stock was last observed hovering at around $7.18 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $7.13, the stock is 1.97% and 1.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing -0.70% at the moment leaves the stock 10.43% off its SMA200. AMPY registered 11.76% gain for a year compared to 6-month gain of 16.50%.
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The stock witnessed a -0.83% loss in the last 1 month and extending the period to 3 months gives it a 13.17%, and is -0.28% 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 2.18% over the week and 3.82% over the month.
Amplify Energy Corp. (AMPY) has around 214 employees, a market worth around $283.35M and $311.56M in sales. Current P/E ratio is 10.87 and Fwd P/E is 5.43. Profit margin for the company is 8.26%. Distance from 52-week low is 100.28% and -12.52% from its 52-week high. The company has generated returns on investments over the last 12 months (5.02%).
The EPS is expected to shrink by -92.44% this year.
Amplify Energy Corp. (AMPY) Top Institutional Holders
175.0 institutions hold shares in Amplify Energy Corp. (AMPY), with institutional investors hold 52.44% of the company’s shares. The shares outstanding are 39.15M, and float is at 36.17M with Short Float at 4.02%. Institutions hold 48.26% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.59 million shares valued at $17.54 million. The investor’s holdings represent 6.564% of the AMPY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.45 million shares valued at $$16.59 million to account for 6.2081 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.23 million shares representing 5.646% and valued at over $15.09 million, while BRIDGEWAY CAPITAL MANAGEMENT, LLC holds 3.8571 of the shares totaling 1.52 million with a market value of $10.31 million.
Amplify Energy Corp. (AMPY) Insider Activity
The most recent transaction is an insider sale by Dulany Eric Edward,the company’sVICE PRESIDENT & CAO. SEC filings show that Dulany Eric Edward sold 6,000 shares of the company’s common stock on Aug 12 ’24 at a price of $7.03 per share for a total of $42197.0. Following the sale, the insider now owns 20797.0 shares.
Still, SEC filings show that on Dec 21 ’23, Dulany Eric Edward (VICE PRESIDENT & CAO) disposed off 2,000 shares at an average price of $5.93 for $11861.0. The insider now directly holds 11,723 shares of Amplify Energy Corp. (AMPY).
