With 2.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.7 million shares. The 52-week range on AMPX shows that it touched its highest point at $4.20 and its lowest point at $0.61 during that stretch. It currently has a 1-year price target of $8.43. Beta for the stock currently stands at 2.46.
Price Performance and Earnings:
Three-month performance surged to 50.67% while six-month performance rose 197.35%. The stock lost -14.94% in the past year, while it has gained 20.00% so far this year. A look at the trailing 12-month EPS for AMPX yields -0.45 with Next year EPS estimates of -0.40. For the next quarter, that number is -0.11. This implies an EPS growth rate of -1.99% for this year and 9.77% for next year.
Float and Shares Shorts:
At present, 111.34 million AMPX shares are outstanding with a float of 77.14 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMPX since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.40933 being high and -$0.44832 being low. For AMPX, this leads to a yearly average estimate of -$0.43857. Based on analyst estimates, the high estimate for the next quarter is -$0.1 and the low estimate is -$0.12. The average estimate for the next quarter is thus -$0.11.
