There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AMTM is 124.08M and currently, short sellers hold a 2.33% ratio of that float. The average trading volume of AMTM on November 08, 2024 was 2.90M shares.
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AMTM) stock’s latest price update
Amentum Holdings Inc (NYSE: AMTM) has experienced a rise in its stock price by 2.71 compared to its previous closing price of 31.00. However, the company has seen a gain of 7.06% in its stock price over the last five trading days. businesswire.com reported 2024-11-04 that CHANTILLY, Va.–(BUSINESS WIRE)– #AmentumWin–Amentum (NYSE: AMTM), a market leader in energy and environmental engineering solutions, announced today that the U.S. Department of Energy Office of Science has awarded the contract to manage and operate Fermi National Accelerator Laboratory (Fermilab) to a consortium that includes Amentum. The consortium will deliver cutting-edge scientific program management expertise to drive Fermilab’s mission of understanding the physics of our universe. The contract was a.
AMTM’s Market Performance
The volatility ratio for the week is 3.82%, and the volatility levels for the past 30 days are at 4.44% for AMTM. The simple moving average for the past 20 days is 7.36% for AMTM’s stock, with a 11.75% simple moving average for the past 200 days.
Analysts’ Opinion of AMTM
Many brokerage firms have already submitted their reports for AMTM stocks, with Truist repeating the rating for AMTM by listing it as a “Buy.” The predicted price for AMTM in the upcoming period, according to Truist is $31 based on the research report published on October 14, 2024 of the current year 2024.
AMTM Trading at 11.75% from the 50-Day Moving Average
After a stumble in the market that brought AMTM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.71% of loss for the given period.
Volatility was left at 4.44%, however, over the last 30 days, the volatility rate increased by 3.82%, as shares surge +22.51% for the moving average over the last 20 days.
During the last 5 trading sessions, AMTM rose by +7.06%, in comparison to the 20-day moving average, which settled at $29.66. In addition, Amentum Holdings Inc saw 7.90% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AMTM
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In conclusion, Amentum Holdings Inc (AMTM) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
