American Superconductor Corp (AMSC) Shares Soar Above 1-Year High

American Superconductor Corp (NASDAQ: AMSC) has experienced a rise in its stock price by 8.77 compared to its previous closing price of 31.16. However, the company has seen a gain of 6.23% in its stock price over the last five trading days. zacks.com reported 2024-11-11 that Investors can add these top-ranked liquid stocks, American Superconductor Corporation, Frontdoor, Sezzle and Vimeo, to their portfolios to boost returns.

Is It Worth Investing in American Superconductor Corp (NASDAQ: AMSC) Right Now?

The 36-month beta value for AMSC is also noteworthy at 2.17. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it 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 AMSC is 37.66M, and at present, short sellers hold a 7.28% of that float. The average trading volume of AMSC on November 21, 2024 was 1.23M shares.

AMSC’s Market Performance

The stock of American Superconductor Corp (AMSC) has seen a 6.23% increase in the past week, with a 52.74% rise in the past month, and a 59.27% gain in the past quarter. The volatility ratio for the week is 10.94%, and the volatility levels for the past 30 days are at 9.85% for AMSC. The simple moving average for the past 20 days is 14.26% for AMSC’s stock, with a 69.44% simple moving average for the past 200 days.

Analysts’ Opinion of AMSC

Many brokerage firms have already submitted their reports for AMSC stocks, with ROTH Capital repeating the rating for AMSC by listing it as a “Buy.” The predicted price for AMSC in the upcoming period, according to ROTH Capital is $10 based on the research report published on June 03, 2022 of the previous year 2022.

Canaccord Genuity, on the other hand, stated in their research note that they expect to see AMSC reach a price target of $16. The rating they have provided for AMSC stocks is “Hold” according to the report published on November 06th, 2020.

Canaccord Genuity gave a rating of “Buy” to AMSC, setting the target price at $13 in the report published on January 24th of the previous year.

AMSC Trading at 32.12% from the 50-Day Moving Average

After a stumble in the market that brought AMSC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.86% of loss for the given period.

Volatility was left at 9.85%, however, over the last 30 days, the volatility rate increased by 10.94%, as shares surge +44.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.62% upper at present.

During the last 5 trading sessions, AMSC rose by +2.35%, which changed the moving average for the period of 200-days by +217.66% in comparison to the 20-day moving average, which settled at $29.60. In addition, American Superconductor Corp saw 204.25% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at AMSC starting from Kosiba John W JR, who sale 50,000 shares at the price of $28.28 back on Nov 04 ’24. After this action, Kosiba John W JR now owns 356,136 shares of American Superconductor Corp, valued at $1,414,095 using the latest closing price.

Kosiba John W JR, the Officer of American Superconductor Corp, proposed sale 50,000 shares at $28.28 during a trade that took place back on Nov 04 ’24, which means that Kosiba John W JR is holding shares at $1,414,093 based on the most recent closing price.

Stock Fundamentals for AMSC

Current profitability levels for the company are sitting at:

  • -0.01 for the present operating margin
  • 0.27 for the gross margin

The net margin for American Superconductor Corp stands at -0.0. The total capital return value is set at -0.01. Equity return is now at value -0.66, with -0.37 for asset returns.

Based on American Superconductor Corp (AMSC), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 9.21.

Currently, EBITDA for the company is -1.97 million with net debt to EBITDA at -14.37. When we switch over and look at the enterprise to sales, we see a ratio of 7.2. The receivables turnover for the company is 4.4for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.05.

Conclusion

In summary, American Superconductor Corp (AMSC) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.

Most Popular

Related Posts