Amplify Energy Corp. (NYSE:AMPY) went down by -4.92% from its latest closing price compared to the recent 1-year high of $9.86. The company’s stock price has collected -10.30% of loss in the last five trading sessions. The Wall Street Journal reported on 10/05/21 that California Oil Spill Came From Pipeline Dragged Over 100 Feet
Is It Worth Investing in Amplify Energy Corp. (NYSE :AMPY) Right Now?
Plus, the 36-month beta value for AMPY is at 2.68. Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Amplify Energy Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $6.20. AMPY currently public float of 37.94M and currently shorts hold a 4.49% ratio of that float. Today, the average trading volume of AMPY was 904.31K shares.
AMPY’s Market Performance
AMPY stocks went down by -10.30% for the week, with a monthly drop of -1.12% and a quarterly performance of -12.83%, while its annual performance rate touched 94.95%. The volatility ratio for the week stands at 6.61% while the volatility levels for the past 30 days are set at 6.76% for Amplify Energy Corp. The simple moving average for the period of the last 20 days is -1.67% for AMPY stocks with a simple moving average of 16.66% for the last 200 days.
Analysts’ Opinion of AMPY
ROTH Capital, on the other hand, stated in their research note that they expect to see AMPY reach a price target of $10.50. The rating they have provided for AMPY stocks is “Buy” according to the report published on November 22nd, 2019.
Northland Capital gave a rating of “Outperform” to AMPY, setting the target price at $10 in the report published on November 14th of the previous year.
AMPY Trading at -15.83% from the 50-Day Moving Average
After a stumble in the market that brought AMPY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.32% of loss for the given period.
Volatility was left at 6.76%, however, over the last 30 days, the volatility rate increased by 6.61%, as shares surge +3.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.26% lower at present.
During the last 5 trading sessions, AMPY fell by -10.30%, which changed the moving average for the period of 200-days by +68.85% in comparison to the 20-day moving average, which settled at $6.29. In addition, Amplify Energy Corp. saw 98.71% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AMPY starting from Lederman Evan S., who purchase 10,000 shares at the price of $3.69 back on Aug 30. After this action, Lederman Evan S. now owns 40,329 shares of Amplify Energy Corp., valued at $36,900 using the latest closing price.
Proman David, the Director of Amplify Energy Corp., purchase 15,000 shares at $3.36 during a trade that took place back on Aug 20, which means that Proman David is holding 45,329 shares at $50,379 based on the most recent closing price.
Stock Fundamentals for AMPY
Current profitability levels for the company are sitting at:
- +33.72 for the present operating margin
- +47.83 for the gross margin
The net margin for Amplify Energy Corp. stands at -9.35. Equity return is now at value 67.20, with -14.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.