How Will Altus Power Inc (NYSE: AMPS)’s Current Price Volatility Affect Its Future Potential?

ZM Stock

In the last trading session, 1.58 million Altus Power Inc (NYSE:AMPS) shares changed hands as the company’s beta touched 0.91. With the company’s per share price at $3.95 changed hands at -$0.26 or -6.18% during last session, the market valuation stood at $628.37M. AMPS’s last price was a discount, traded about -84.3% off its 52-week high of $7.28. The share price had its 52-week low at $4.08, which suggests the last value was -3.29% down since then. When we look at Altus Power Inc’s average trading volume, we note the 3-month average coming to 1.10 million.

Altus Power Inc (NYSE:AMPS) trade information

Instantly AMPS was in red as seen at the end of in last trading. With action -17.88%, the performance over the past five days has been red. The drop to weekly highs of 4.90 subtracted -6.18% to the stock’s daily price. The company’s shares are showing year-to-date downside of -42.17%, with the 5-day performance at -17.88% in the red. However, in the 30-day time frame, Altus Power Inc (NYSE:AMPS) is -33.50% down.

Altus Power Inc (AMPS) estimates and forecasts

Data shows that the Altus Power Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -23.00% over the past 6 months, a -100.00% in annual growth rate that is considerably lower than the industry average of 10.60%.

The 2024 estimates are for Altus Power Inc earnings to increase by 1.24%.

AMPS Dividends

Altus Power Inc is expected to release its next quarterly earnings report in May.