While Amprius Technologies Inc has overperformed by 5.91%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AMPX fell by -79.55%, with highs and lows ranging from $6.02 to $0.69, whereas the simple moving average fell by -69.73% in the last 200 days.
On January 11, 2024, ROTH MKM started tracking Amprius Technologies Inc (NYSE: AMPX) recommending Buy. A report published by William Blair on December 18, 2023, Initiated its previous ‘Mkt Perform’ rating for AMPX. Alliance Global Partners also rated AMPX shares as ‘Buy’, setting a target price of $10 on the company’s shares in an initiating report dated December 05, 2023. H.C. Wainwright Initiated an Buy rating on October 31, 2023, and assigned a price target of $10. Northland Capital initiated its ‘Outperform’ rating for AMPX, as published in its report on June 02, 2023. B. Riley Securities’s report from December 02, 2022 suggests a price prediction of $14 for AMPX shares, giving the stock a ‘Buy’ rating. Oppenheimer also rated the stock as ‘Outperform’.
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Analysis of Amprius Technologies Inc (AMPX)
Further, the quarter-over-quarter increase in sales is 244.04%, showing a positive trend in the upcoming months.
Amprius Technologies Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -59.16% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 4.49, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and AMPX has an average volume of 640.77K. On a monthly basis, the volatility of the stock is set at 10.00%, whereas on a weekly basis, it is put at 18.72%, with a loss of -29.47% over the past seven days. Furthermore, long-term investors anticipate a median target price of $7.17, showing growth from the present price of $0.75, which can serve as yet another indication of whether AMPX is worth investing in or should be passed over.
How Do You Analyze Amprius Technologies Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 69.48%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 6.92% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
AMPX shares are owned by institutional investors to the tune of 6.92% at present.