In the last trading session, 1.32 million shares of the American Superconductor Corp (NASDAQ:AMSC) were traded, and its beta was 2.57. Most recently the company’s share price was $19.39, and it changed around -$0.62 or -3.10% from the last close, which brings the market valuation of the company to $765.12M. AMSC currently trades at a discount to its 52-week high of $38.02, offering almost -96.08% off that amount. The share price’s 52-week low was $11.36, which indicates that the current value has risen by an impressive 41.41% since then.
American Superconductor Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended AMSC as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
American Superconductor Corp (NASDAQ:AMSC) trade information
Instantly AMSC has showed a red trend with a performance of -3.10% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 24.39 on recent trading dayincreased the stock’s daily price by 20.5%. The company’s shares are currently down -21.27% year-to-date, but still down -13.36% over the last five days. On the other hand, American Superconductor Corp (NASDAQ:AMSC) is -26.19% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $29, which translates to bulls needing to increase their stock price by 33.14% from its current value. Analyst projections state that AMSC is forecast to be at a low of $29 and a high of $29.
AMSC Dividends
American Superconductor Corp’s next quarterly earnings report is expected to be released in April.
VANGUARD GROUP INC, with 6.9965% or 2.09 million shares worth $48.81 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024 . The former held 1.11 shares worth $21.56 million, making up 2.82% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 946.02 shares worth around $18.34 million, which represents about 2.40% of the total shares outstanding.
