Amprius Technologies Inc (NYSE: AMPX)’s stock price has gone decline by -11.16 in comparison to its previous close of 2.33, however, the company has experienced a 10.70% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-02 that Amprius (AMPX) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Amprius Technologies Inc (NYSE: AMPX) Right Now?
AMPX has 36-month beta value of 3.04. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AMPX is 15.60M, and currently, short sellers hold a 9.08% ratio of that float. The average trading volume of AMPX on May 08, 2024 was 610.88K shares.
AMPX’s Market Performance
AMPX stock saw a decrease of 10.70% in the past week, with a monthly decline of -1.90% and a quarterly a decrease of -54.51%. The volatility ratio for the week is 10.32%, and the volatility levels for the last 30 days are 9.71% for Amprius Technologies Inc (AMPX). The simple moving average for the past 20 days is 10.99% for AMPX’s stock, with a -47.33% simple moving average for the past 200 days.
Analysts’ Opinion of AMPX
Many brokerage firms have already submitted their reports for AMPX stocks, with ROTH MKM repeating the rating for AMPX by listing it as a “Buy.” The predicted price for AMPX in the upcoming period, according to ROTH MKM is $10 based on the research report published on January 11, 2024 of the current year 2024.
Alliance Global Partners gave a rating of “Buy” to AMPX, setting the target price at $10 in the report published on December 05th of the previous year.
AMPX Trading at -13.63% from the 50-Day Moving Average
After a stumble in the market that brought AMPX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.53% of loss for the given period.
Volatility was left at 9.71%, however, over the last 30 days, the volatility rate increased by 10.32%, as shares surge +1.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.27% lower at present.
During the last 5 trading sessions, AMPX rose by +10.70%, which changed the moving average for the period of 200-days by -72.87% in comparison to the 20-day moving average, which settled at $1.87. In addition, Amprius Technologies Inc saw -60.87% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMPX starting from Bornstein Jonathan, who sale 125,983 shares at the price of $2.38 back on Apr 02 ’24. After this action, Bornstein Jonathan now owns 558,930 shares of Amprius Technologies Inc, valued at $299,613 using the latest closing price.
Bornstein Jonathan, the President of Amprius Lab of Amprius Technologies Inc, sale 40,200 shares at $2.78 during a trade that took place back on Mar 06 ’24, which means that Bornstein Jonathan is holding 0 shares at $111,579 based on the most recent closing price.
Stock Fundamentals for AMPX
Current profitability levels for the company are sitting at:
- -4.28 for the present operating margin
- -1.61 for the gross margin
The net margin for Amprius Technologies Inc stands at -3.99. The total capital return value is set at -0.41. Equity return is now at value -55.37, with -38.53 for asset returns.
Based on Amprius Technologies Inc (AMPX), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at -0.72. The debt to equity ratio resting at 0.59. The interest coverage ratio of the stock is 59.64.
Currently, EBITDA for the company is -36.32 million with net debt to EBITDA at 0.27. When we switch over and look at the enterprise to sales, we see a ratio of 20.46. The receivables turnover for the company is 7.16for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.70.
Conclusion
To put it simply, Amprius Technologies Inc (AMPX) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
