In last trading session, Amer Sports Inc. (NYSE:AS) saw 1.28 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $16.27 trading at $0.46 or 2.91% at ring of the bell on the day assigns it a market valuation of $7.96B. That closing price of AS’s stock is at a discount of -12.05% from its 52-week high price of $18.23 and is indicating a premium of 19.48% from its 52-week low price of $13.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.88 million shares which gives us an average trading volume of 2.29 million if we extend that period to 3-months.
Amer Sports Inc. (NYSE:AS) trade information
Upright in the green during last session for gaining 2.91%, in the last five days AS remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $16.27 price level, adding 0.67% to its value on the day. Amer Sports Inc.’s shares saw a change of 21.42% in year-to-date performance and have moved 7.53% in past 5-day. Amer Sports Inc. (NYSE:AS) showed a performance of 8.32% in past 30-days. Number of shares sold short was 2.06 million shares which calculate 0.89 days to cover the short interests.
Amer Sports Inc. (AS) estimates and forecasts
Statistics highlight that Amer Sports Inc. is scoring comparatively higher than the scores of other players of the relevant industry. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 13.50% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.13 billion for the same. And 10 analysts are in estimates of company making revenue of $953.33 million in the next quarter that will end on Jun 2024.
AS Dividends
Amer Sports Inc. is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Amer Sports Inc. (NYSE:AS)’s Major holders
Insiders are in possession of 73.55% of company’s total shares while institution are holding 13.90 percent of that, with stock having share float percentage of 52.57%. Investors also watch the number of corporate investors in a company very closely, which is 13.90% institutions for Amer Sports Inc. that are currently holding shares of the company.
