Should You Expect Amprius Technologies Inc (NYSE:AMPX) To Recover From Its 70.81% Gain From Highs?

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Amprius Technologies Inc (NYSE:AMPX)’s traded shares stood at 2.72 million during the last session, with the company’s beta value hitting 2.91. At the close of trading, the stock’s price was $2.09, to imply a decrease of -3.69% or -$0.08 in intraday trading. The AMPX share’s 52-week high remains $6.02, putting it -188.04% down since that peak but still an impressive 70.81% since price per share fell to its 52-week low of $0.61. The company has a valuation of $221.20M, with an average of 2.7 million shares in intraday trading volume over the past 10 days and average of 2.17 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Amprius Technologies Inc (AMPX), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give AMPX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.1.

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Amprius Technologies Inc (NYSE:AMPX) trade information

After registering a -3.69% downside in the last session, Amprius Technologies Inc (AMPX) has traded red over the past five days. The 5-day price performance for the stock is 6.63%, and 63.28% over 30 days. With these gigs, the year-to-date price performance is -60.49%. Short interest in Amprius Technologies Inc (NYSE:AMPX) saw shorts transact 3.34 million shares and set a 1.24 days time to cover.

Amprius Technologies Inc (AMPX) estimates and forecasts

Looking at statistics comparing Amprius Technologies Inc share performance against respective industry, we note that the company has underperformed competitors. Amprius Technologies Inc (AMPX) shares are 54.81% up over the last 6 months, with its year-to-date growth rate lower than industry average at -4.65% against 16.50%. The rating firms project that company’s revenue will grow 128.33% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 7.14M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 7.56M.Earnings reports from the last fiscal year show that sales brought in 3.94M and 2.34M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 81.07% before jumping 223.63% in the following quarter.

AMPX Dividends

Amprius Technologies Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Amprius Technologies Inc insiders hold 15.97% of total outstanding shares, with institutional holders owning 21.88% of the shares at 26.03% float percentage. In total, 21.88% institutions holds shares in the company, led by INVESCO LTD.. As of 2024-06-30, the company held over 1.19 million shares (or 1.3226% of shares), all amounting to roughly $1.51 million.

The next major institution holding the largest number of shares is ZAZOVE ASSOCIATES LLC with 1.1 million shares, or about 1.2267% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.4 million.