Amer Sports Inc (AS) – key numbers that make it a Strong Buy For Now

Amer Sports Inc (NYSE: AS) is 90.37% higher on its value in year-to-date trading and has touched a low of $10.11 and a high of $24.60 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 AS stock was last observed hovering at around $24.30 in the last trading session, with the day’s gains setting it 1.21%.

Currently trading at $25.51, the stock is 27.58% and 39.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.16 million and changing 4.98% at the moment leaves the stock 68.64% off its SMA200. AS registered a gain of 67.61% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $18.101 and a 200-day simple moving average (SMA200) of $15.0742.

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The stock witnessed a 40.47% loss in the last 1 month and extending the period to 3 months gives it a 79.90%, and is 30.55% up 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 8.42% over the week and 5.29% over the month.

Amer Sports Inc (AS) has around 11400 employees, a market worth around $13.22B and $4.85B in sales. Fwd P/E is 39.13. Profit margin for the company is -0.74%. Distance from 52-week low is 152.32% and 3.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.55%).

with sales reaching $1.59B over the same period.The EPS is expected to grow by 228.49% this year, but quarterly earnings will post 17.22% year-over-year. Quarterly sales are estimated to grow 20.91% in year-over-year returns.