Now Is The Time To Build A Position In Amprius Technologies Inc (NYSE:AMPX)

In last trading session, Amprius Technologies Inc (NYSE:AMPX) saw 1.61 million shares changing hands with its beta currently measuring 2.64. Company’s recent per share price level of $1.33 trading at $0.06 or 4.72% at ring of the bell on the day assigns it a market valuation of $147.70M. That closing price of AMPX’s stock is at a discount of -352.63% from its 52-week high price of $6.02 and is indicating a premium of 54.14% from its 52-week low price of $0.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.16 million shares which gives us an average trading volume of 967.30K if we extend that period to 3-months.

For Amprius Technologies Inc (AMPX), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.

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Amprius Technologies Inc (NYSE:AMPX) trade information

Upright in the green during last session for gaining 4.72%, in the last five days AMPX remained trading in the green while hitting it’s week-highest on Monday, 10/14/24 when the stock touched $1.33 price level, adding 8.27% to its value on the day. Amprius Technologies Inc’s shares saw a change of -74.86% in year-to-date performance and have moved 10.83% in past 5-day. Amprius Technologies Inc (NYSE:AMPX) showed a performance of 53.85% in past 30-days. Number of shares sold short was 2.78 million shares which calculate 2.47 days to cover the short interests.

Amprius Technologies Inc (AMPX) estimates and forecasts

Statistics highlight that Amprius Technologies Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -23.12% of value to its shares in past 6 months, showing an annual growth rate of -16.28% while that of industry is 18.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 62.70% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.53M for the same. And 6 analysts are in estimates of company making revenue of 5.5M in the next quarter. Company posted 2.8M and 3.94M of sales in current and next quarters respectively a year earlier.

Amprius Technologies Inc (NYSE:AMPX)’s Major holders

Insiders are in possession of 65.34% of company’s total shares while institution are holding 7.08 percent of that, with stock having share float percentage of 20.44%. Investors also watch the number of corporate investors in a company very closely, which is 7.08% institutions for Amprius Technologies Inc that are currently holding shares of the company. INVESCO LTD. is the top institutional holder at AMPX for having 1.19 million shares of worth $1.51 million. And as of 2024-06-30, it was holding 1.3226 of the company’s outstanding shares.

The second largest institutional holder is ZAZOVE ASSOCIATES LLC, which was holding about 1.1 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.2267 of outstanding shares, having a total worth of $1.4 million.

On the other hand, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 1.58 shares of worth $2.11 million or 1.43% of the total outstanding shares. The later fund manager was in possession of 593.9 shares on Jun 30, 2024 , making its stake of worth around $0.79 million in the company or a holder of 0.53% of company’s stock.