Ametek Inc (NYSE:AME) currently has a daily average trading volume of 1.19M but it saw 1422438 shares traded in last market. With a market cap of 45.20B USD, the company’s current market price of $195.42 came rising about 0.73 while comparing to the previous closing price of $194.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $194.27 and as low as $149.03. In the recent trading on the day, stock has struck highest price mark of $192.41 while lowest mark touched by it was $196.7.
Taking a look at 20-day trading activity of Ametek Inc (AME) gives us an average price of $177.82, while its current price level is 0.59% below from 52-week high level whereas it is 31.13% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $172.42 while that of 200 days or SMA-200 reads an average of $171.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.65% during that period while stretching the period over a month that decreases to 1.57%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 78.28 which implies that the stock is in overbought territory.
Oppenheimer upgraded its recommendation for the stock as a “Outperform” from “Perform” on May 22, 2024 while assigning a price target of $200. Truist issued its recommendations for the stock as it initiated the price target for the stock is $210.
Over the week, AME’s stock price is moving 2.68% up while it is 15.37% when we observe its performance for the past one month. Year-to-date it is 18.52% up and over the past year, the stock is showing an upside performance of 29.09%.
Currently, Ametek Inc’s total number of outstanding shares is 230.93M. Company’s return on investment (ROI) stands at 11.60% and return on equity (ROE) at 14.89%. It has a price to earnings ratio (P/E ratio) of 34.06 while having a 26.74 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 4.73 while price to sale or P/S ratio amounts to 6.54. Its return on asset (ROA) is 9.56% on average.
