In the latest trading session,, 1.13 million Amplify Energy Corp (NYSE:AMPY) shares changed hands as the company’s beta touched 0.48. With the company’s most recent per share price at $3.89 changing hands around $0.56 or 16.96% at last look, the market valuation stands at $157.10M. AMPY’s current price is a discount, trading about -109.51% off its 52-week high of $8.15. The share price had its 52-week low at $2.27, which suggests the last value was 41.65% up since then. When we look at Amplify Energy Corp’s average trading volume, we note the 10-day average is 0.75 million shares, with the 3-month average coming to 1.15 million.
Analysts gave the Amplify Energy Corp (AMPY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended AMPY as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight.
Amplify Energy Corp (NYSE:AMPY) trade information
Instantly AMPY is in green as seen in intraday trades today. With action 20.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -47.08%, with the 5-day performance at 20.58% in the green. However, in the 30-day time frame, Amplify Energy Corp (NYSE:AMPY) is 6.42% up. Looking at the short shares, we see there were 1.41 million shares sold at short interest cover period of 0.98 days.
The consensus price target for the stock as assigned by Wall Street analysts is 8.5, meaning bulls need an upside of 54.24% from its recent market value. According to analyst projections, AMPY’s forecast low is 8.5 with 8.5 as the target high. To hit the forecast high, the stock’s price needs a -118.51% plunge from its current level, while the stock would need to soar -118.51% for it to hit the projected low.
The 2025 estimates are for Amplify Energy Corp earnings to decrease by -62.17%.
AMPY Dividends
Amplify Energy Corp is expected to release its next quarterly earnings report on 2025-May-12.
Amplify Energy Corp (NYSE:AMPY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 11.10% of Amplify Energy Corp shares while 55.18% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 62.07%. There are 55.18% institutions holding the Amplify Energy Corp stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 6.5278% of the shares, roughly 2.59 million AMPY shares worth $17.54 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.1738% or 2.45 million shares worth $16.59 million as of 2024-06-30.
