American Superconductor Corp. (AMSC) Has A Promising Outlook For 2024

American Superconductor Corp. (NASDAQ:AMSC) has a beta value of 2.15 and has seen 0.63 million shares traded in the recent trading session. The company, currently valued at $880.73M, closed the recent trade at $23.81 per share which meant it gained $1.85 on the day or 8.42% during that session. The AMSC stock price is 5.5% off its 52-week high price of $22.50 and 77.95% above the 52-week low of $5.25. The 3-month trading volume is 545.31K shares.

American Superconductor Corp. (NASDAQ:AMSC) trade information

Sporting 8.42% in the green today, the stock has traded in the green over the last five days, when the AMSC stock price touched $23.81 or saw a rise of 1.85%. Year-to-date, American Superconductor Corp. shares have moved 113.73%, while the 5-day performance has seen it change 6.53%. Over the past 30 days, the shares of American Superconductor Corp. (NASDAQ:AMSC) have changed 69.95%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

American Superconductor Corp. (AMSC) estimates and forecasts

Figures show that American Superconductor Corp. shares have outperformed across the wider relevant industry. The company’s shares have gained 133.20% over the past 6 months, with this year growth rate of 400.00%, compared to 1.50% for the industry.

Earnings growth for 2024 is a modest 416.66% while over the next 5 years, the company’s earnings are expected to increase by 25.00%.

AMSC Dividends

American Superconductor Corp. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.