During the last session, Amplify Energy Corp. (NYSE:AMPY)’s traded shares were 1.26 million, with the beta value of the company hitting 2.57. At the end of the trading day, the stock’s price was $7.06, reflecting an intraday loss of -6.98% or -$0.53. The 52-week high for the AMPY share is $9.86, that puts it down -39.66 from that peak though still a striking 63.17% gain since the share price plummeted to a 52-week low of $2.60. The company’s market capitalization is $306.97M, and the average intraday trading volume over the past 10 days was 1.0 million shares, and the average trade volume was 900.18K shares over the past three months.
Amplify Energy Corp. (AMPY) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 3.00. AMPY has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.
Amplify Energy Corp. (NYSE:AMPY) trade information
Amplify Energy Corp. (AMPY) registered a -6.98% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.98% in intraday trading to $7.06 this Wednesday, 06/22/22, hitting a weekly high. The stock’s 5-day price performance is -13.48%, and it has moved by -4.34% in 30 days. Based on these gigs, the overall price performance for the year is 67.30%. The short interest in Amplify Energy Corp. (NYSE:AMPY) is 1.17 million shares and it means that shorts have 1.42 day(s) to cover.
The consensus price target of analysts on Wall Street is $6.20, which implies a decrease of -13.87% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6.20 and $6.20 respectively. As a result, AMPY is trading at a premium of 12.18% off the target high and 12.18% off the low.
Amplify Energy Corp. (AMPY) estimates and forecasts
In the rating firms’ projections, revenue will increase 69.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $93.05 million as predicted by 1 analyst(s).
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -15.10%. While earnings are projected to return 93.20% in 2022, the next five years will return 15.00% per annum.
Amplify Energy Corp. is due to release its next quarterly earnings between March 09 and March 14. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Amplify Energy Corp. (NYSE:AMPY)’s Major holders
Amplify Energy Corp. insiders own 1.01% of total outstanding shares while institutional holders control 36.13%, with the float percentage being 36.50%. Lasry, Marc is the largest shareholder of the company, while 103 institutions own stock in it. As of Dec 30, 2021, the company held over 2.56 million shares (or 6.68% of all shares), a total value of $7.97 million in shares.
The next largest institutional holding, with 1.45 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 3.78% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $4.51 million.
Also, the Mutual Funds coming in first place with the largest holdings of Amplify Energy Corp. (AMPY) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Dec 30, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 0.87 million shares. This amounts to just over 2.26 percent of the company’s overall shares, with a $2.69 million market value. The same data shows that the other fund manager holds slightly less at 0.54 million, or about 1.42% of the stock, which is worth about $1.69 million.