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

Amprius Technologies Inc (NYSE:AMPX)’s traded shares stood at 0.93 million during the latest session, with the company’s beta value hitting 2.39. At the last check today, the stock’s price was $3.35, to imply an increase of 0.90% or $0.03 in intraday trading. The AMPX share’s 52-week high remains $5.26, putting it -57.01% down since that peak but still an impressive 81.79% since price per share fell to its 52-week low of $0.61. The company has a valuation of $370.43M, with an average of 5.27 million shares in intraday trading volume over the past 10 days and average of 3.50 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.

Amprius Technologies Inc (NYSE:AMPX) trade information

After registering a 0.90% upside in the latest session, Amprius Technologies Inc (AMPX) has traded red over the past five days. The 5-day price performance for the stock is 10.56%, and 95.91% over 30 days. With these gigs, the year-to-date price performance is 19.64%. Short interest in Amprius Technologies Inc (NYSE:AMPX) saw shorts transact 2.92 million shares and set a 0.68 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 151.88% up over the last 6 months, with its year-to-date growth rate lower than industry average at -4.65% against 15.70%. The rating firms project that company’s revenue will grow 128.25% 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 February. 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 15.28% of total outstanding shares, with institutional holders owning 20.99% of the shares at 24.77% float percentage. In total, 20.99% 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.

We also have Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Amprius Technologies Inc (AMPX) shares. Going by data provided on Oct 31, 2024, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF holds roughly 1.64 shares. This is just over 1.48% of the total shares, with a market valuation of $5.6 million. Data from the same date shows that the other fund manager holds a little less at 593.9, or 0.54% of the shares, all valued at about 2.03 million.