The stock price of Amentum Holdings Inc (NYSE: AMTM) has plunged by -9.64 when compared to previous closing price of 25.20, but the company has seen a -29.46% decline in its stock price over the last five trading sessions. 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.
Is It Worth Investing in Amentum Holdings Inc (NYSE: AMTM) Right Now?
Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for AMTM is 135.03M, and at present, short sellers hold a 1.97% of that float. On November 19, 2024, the average trading volume of AMTM was 2.69M shares.
AMTM’s Market Performance
The volatility ratio for the week is 9.23%, and the volatility levels for the last 30 days are 5.40% for Amentum Holdings Inc (AMTM). The simple moving average for the last 20 days is -23.23% for AMTM stock, with a simple moving average of -20.19% for the last 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 -20.19% 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 -34.00% of loss for the given period.
Volatility was left at 5.40%, however, over the last 30 days, the volatility rate increased by 9.23%, as shares sank -21.37% for the moving average over the last 20 days.
During the last 5 trading sessions, AMTM fell by -29.46%, in comparison to the 20-day moving average, which settled at $29.66. In addition, Amentum Holdings Inc saw -22.84% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AMTM
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
To sum up, Amentum Holdings Inc (AMTM) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
