American Superconductor Corp. (NASDAQ: AMSC) Drops -5.34% From Highs, Now What?

During the last session, American Superconductor Corp. (NASDAQ:AMSC)’s traded shares were 0.67 million, with the beta value of the company hitting 2.15. At the end of the trading day, the stock’s price was $21.36, reflecting an intraday loss of -0.84% or -$0.18. The 52-week high for the AMSC share is $22.50, that puts it down -5.34 from that peak though still a striking 75.42% gain since the share price plummeted to a 52-week low of $5.25. The company’s market capitalization is $790.11M, and the average trade volume was 538.46K shares over the past three months.

American Superconductor Corp. (NASDAQ:AMSC) trade information

American Superconductor Corp. (AMSC) registered a -0.84% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.84% in intraday trading to $21.36, hitting a weekly high. The stock’s 5-day price performance is 11.37%, and it has moved by 57.41% in 30 days. Based on these gigs, the overall price performance for the year is 254.82%.

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American Superconductor Corp. (AMSC) estimates and forecasts

Statistics show that American Superconductor Corp. has outperformed its competitors in share price, compared to the industry in which it operates. American Superconductor Corp. (AMSC) shares have gone up 115.76% during the last six months, with a year-to-date growth rate more than the industry average at 400.00% against 1.50. In the rating firms’ projections, revenue will increase 7.30% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 38.07M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 37.43M by the end of current fiscal year.

While earnings are projected to return 416.66% in 2024, the next five years will return 25.00% per annum.

AMSC Dividends

American Superconductor Corp. is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

American Superconductor Corp. (NASDAQ:AMSC)’s Major holders