With 1.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.7 million shares. The 52-week range on AMSC shows that it touched its highest point at $38.02 and its lowest point at $13.98 during that stretch. It currently has a 1-year price target of $39.00. Beta for the stock currently stands at 2.87.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMSC was up-trending over the past week, with a rise of 13.62%, but this was up by 52.81% over a month. Three-month performance surged to 66.20% while six-month performance fell -7.63%. The stock gained 53.39% in the past year, while it has gained 29.35% so far this year. A look at the trailing 12-month EPS for AMSC yields 0.15 with Next year EPS estimates of 0.87. For the next quarter, that number is 0.13. This implies an EPS growth rate of -8.85% for this year and 49.71% for next year.
Float and Shares Shorts:
At present, 39.48 million AMSC shares are outstanding with a float of 37.59 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 AMSC 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 -$0.04749975 being high and -$0.07124962 being low. For AMSC, this leads to a yearly average estimate of -$0.063333.
