In the last trading session, 1.01 million Altus Power Inc (NYSE:AMPS) shares changed hands as the company’s beta touched 1.00. With the company’s per share price at $4.42 changed hands at $0.07 or 1.61% during last session, the market valuation stood at $706.63M. AMPS’s last price was a discount, traded about -64.71% off its 52-week high of $7.28. The share price had its 52-week low at $3.40, which suggests the last value was 23.08% up since then. When we look at Altus Power Inc’s average trading volume, we note the 3-month average coming to 1.17 million.
Altus Power Inc (NYSE:AMPS) trade information
Instantly AMPS was in green as seen at the end of in last trading. With action 19.78%, the performance over the past five days has been green. The jump to weekly highs of 4.48 added 1.61% to the stock’s daily price. The company’s shares are showing year-to-date downside of -35.29%, with the 5-day performance at 19.78% in the green. However, in the 30-day time frame, Altus Power Inc (NYSE:AMPS) is -4.33% 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 -20.79% over the past 6 months, a -120.00% in annual growth rate that is considerably lower than the industry average of 10.40%. Year-over-year growth is forecast to reach 38.10% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 40.78M. 7 analysts are of the opinion that Altus Power Inc’s revenue for the current quarter will be 58.32M. The company’s revenue for the corresponding quarters a year ago was 29.38M and 46.51M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 38.80%. The estimates for the next quarter sales put growth at 25.40%. The 2024 estimates are for Altus Power Inc earnings to decrease by -5.19%.
