Amplitude Inc (NASDAQ: AMPL)’s stock price has soared by 0.66 in relation to previous closing price of 10.60. Nevertheless, the company has seen a gain of 1.14% in its stock price over the last five trading days. zacks.com reported 2024-12-16 that Investors looking for stocks in the Technology Services sector might want to consider either Qifu Technology, Inc. (QFIN) or Amplitude, Inc. (AMPL). But which of these two stocks is more attractive to value investors?
Is It Worth Investing in Amplitude Inc (NASDAQ: AMPL) Right Now?
The 36-month beta value for AMPL is also noteworthy at 1.34. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
The public float for AMPL is 75.65M, and at present, short sellers hold a 1.79% of that float. The average trading volume of AMPL on January 09, 2025 was 395.74K shares.
AMPL’s Market Performance
AMPL’s stock has seen a 1.14% increase for the week, with a -6.89% drop in the past month and a 24.50% gain in the past quarter. The volatility ratio for the week is 4.60%, and the volatility levels for the past 30 days are at 4.16% for Amplitude Inc The simple moving average for the last 20 days is -3.62% for AMPL’s stock, with a simple moving average of 13.78% for the last 200 days.
Analysts’ Opinion of AMPL
Many brokerage firms have already submitted their reports for AMPL stocks, with Piper Sandler repeating the rating for AMPL by listing it as a “Overweight.” The predicted price for AMPL in the upcoming period, according to Piper Sandler is $15 based on the research report published on January 06, 2025 of the current year 2025.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see AMPL reach a price target of $15. The rating they have provided for AMPL stocks is “Overweight” according to the report published on December 13th, 2024.
AMPL Trading at 1.12% from the 50-Day Moving Average
After a stumble in the market that brought AMPL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.01% of loss for the given period.
Volatility was left at 4.16%, however, over the last 30 days, the volatility rate increased by 4.60%, as shares sank -7.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.12% upper at present.
During the last 5 trading sessions, AMPL rose by +1.14%, which changed the moving average for the period of 200-days by -5.58% in comparison to the 20-day moving average, which settled at $11.07. In addition, Amplitude Inc saw 1.14% 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 AMPL starting from Vishria Eric, who sale 6,437 shares at the price of $12.02 back on Dec 13 ’24. After this action, Vishria Eric now owns 279,771 shares of Amplitude Inc, valued at $77,353 using the latest closing price.
THE VISHRIA REVOCABLE TRUST, the Director of Amplitude Inc, proposed sale 10,000 shares at $11.39 during a trade that took place back on Dec 13 ’24, which means that THE VISHRIA REVOCABLE TRUST is holding shares at $113,900 based on the most recent closing price.
Stock Fundamentals for AMPL
Current profitability levels for the company are sitting at:
- -0.32 for the present operating margin
- 0.74 for the gross margin
The net margin for Amplitude Inc stands at -0.27. The total capital return value is set at -0.32. Equity return is now at value -27.60, with -18.10 for asset returns.
Currently, EBITDA for the company is -88.76 million with net debt to EBITDA at 3.53. When we switch over and look at the enterprise to sales, we see a ratio of 3.59. The receivables turnover for the company is 9.97for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.45.
Conclusion
In summary, Amplitude Inc (AMPL) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
