Amplify Energy Corp. (NYSE:AMPY) does about 936.03K shares in volume on a normal day but saw 915150 shares change hands in Thursday trading. The company now has a market cap of 43.84M USD and an enterprise value of about $347.06M. Its current market price is $1.27, marking a decrease of -13.01% compared to the previous close of $1.46. The 52 week high reached by this stock is $7.91 whilst the lowest price level in 52 weeks is $0.49. The script in recent trading has seen the stock touch a high of $1.3985 and a low of $1.25.
Amplify Energy Corp. (AMPY) has a 20-day trading average at $1.3075 and the current price is -83.94% off the 52-week high compared with 157.87% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.3440 and its 200-day simple moving average is $3.8595. If we look at the stock’s price movements over the week, volatility stands at 14.26%, which decreases to 12.07% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 48.72 to suggest the stock is neutral.
2 analysts observing the Amplify Energy Corp. (AMPY) stock have set the 12-month price targets for the company’s shares at between $4.25 and $4.25. The median price target is 70.12% away from the current levels at $4.25.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 2 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Hold the stock.
The current price level is -4.04%, -5.60%, and -67.30% away from its SMA20, SMA50, and SMA200 respectively, with the AMPY price moving above the 50-day SMA on July 16. Amplify Energy Corp. (AMPY) stock is up 11.40% over the week and -27.43% over the past month. Its price is -80.79% year-to-date and -75.62% over the past year.
The stock last released its quarterly earnings report for quarter ended 3/30/2020, with the company’s earnings per share (EPS) of -$0.53 below consensus estimates by -$0.49. AMPY’s earnings per share are forecast to grow by 71.40% this year and -128.10% over next year. Expected sales for next quarter are $52 million, which analysts say will come at $213.95 million for the current fiscal year and next year at $222.77 million. In addition, estimates put the company’s current quarterly revenue at an average of $43.45 million.
Outstanding shares total 37.57M with insiders holding 19.33% of the shares and institutional holders owning 84.70% of the company’s common stock. The company has a return on investment of -1.80%. The beta has a value of 4.39. Price to book ratio is 0.77 and price to sales ratio is 0.16.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has reduced its position in Amplify Energy Corp. (AMPY) to 772,672 shares, mirroring a recent drop by 0.00%. Vanguard Total Stock Market Index dumped 0.0 shares of Amplify Energy Corp. common stock bringing its total worth to about $0.95 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by Vanguard Extended Market Index Fu, which sold off 0.0 shares to end up with 294,559 shares worth $0.36 million. DFA US Small Cap Portfolio cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.47% position in Amplify Energy Corp. thanks to 0.18 million shares amounting to $0.22 million.