Additionally, the 36-month beta value for AMSC is 2.23. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for AMSC is 37.66M and currently, short sellers hold a 7.62% ratio of that float. The average trading volume of AMSC on December 04, 2024 was 1.32M shares.
AMSC) stock’s latest price update
The stock price of American Superconductor Corp (NASDAQ: AMSC) has jumped by 6.99 compared to previous close of 32.84. Despite this, the company has seen a gain of 4.32% in its stock price over the last five trading days. zacks.com reported 2024-11-28 that American Superconductor Corporation AMSC has delivered a stunning performance in 2024, with its stock skyrocketing 192.4% year to date (YTD). The company has outpaced the Zacks Electronics – Miscellaneous Components industry and major benchmarks like the S&P 500 and The Technology Select Sector SPDR Fund XLK ETF, highlighting its stellar momentum.
AMSC’s Market Performance
AMSC’s stock has risen by 4.32% in the past week, with a monthly rise of 29.94% and a quarterly rise of 87.09%. The volatility ratio for the week is 7.56% while the volatility levels for the last 30 days are 9.85% for American Superconductor Corp The simple moving average for the past 20 days is 6.27% for AMSC’s stock, with a 68.60% 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 27.62% 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 -7.59% of loss for the given period.
Volatility was left at 9.85%, however, over the last 30 days, the volatility rate increased by 7.56%, as shares surge +22.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.73% upper at present.
During the last 5 trading sessions, AMSC rose by +3.98%, which changed the moving average for the period of 200-days by +163.90% in comparison to the 20-day moving average, which settled at $33.06. In addition, American Superconductor Corp saw 215.39% 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 7.54. 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 conclusion, American Superconductor Corp (AMSC) has seen better performance in recent times. Analysts have a bullish 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.
