Amprius Technologies Inc (NYSE: AMPX) Emerges As Guiding Light For Investors

Amprius Technologies Inc (NYSE:AMPX) currently has a daily average trading volume of 2.52M but it saw 10276450 shares traded in last market. With a market cap of 262.06M USD, the company’s current market price of $2.37 came rising about 24.74 while comparing to the previous closing price of $1.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.02 and as low as $0.61. In the recent trading on the day, stock has struck highest price mark of $1.915 while lowest mark touched by it was $2.4199.

Taking a look at 20-day trading activity of Amprius Technologies Inc (AMPX) gives us an average price of $1.9800, while its current price level is -60.63% below from 52-week high level whereas it is 286.50% 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 $1.8100 while that of 200 days or SMA-200 reads an average of $1.5500. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.95% during that period while stretching the period over a month that decreases to 11.50%. 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 64.40 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the ROTH MKM which initiated the stock as “Buy” in its note to investors issued on January 11, 2024, recommending a price target of $10 for it. Alliance Global Partners also issued its recommendations for the stock as it initiated the price target for the stock is $10.

Over the week, AMPX’s stock price is moving 42.77% up while it is 16.18% when we observe its performance for the past one month. Year-to-date it is -55.20% down and over the past year, the stock is showing a downside performance of -41.19%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of -0.1 while estimate for next year EPS is -0.43. In next quarter, company is expected to be making quarterly sales of $7.56M as analysts are expecting the sales for current fiscal year at $20.66M and seeing the company making $63.89M in sales next year. Moreover, analysts are in estimates of $7.14M for current-quarter revenue.

Currently, Amprius Technologies Inc’s total number of outstanding shares is 107.98M. Company’s return on investment (ROI) stands at -40.66% and return on equity (ROE) at -61.64%. Stock’s beta reads 2.95. Stock has a price to book (P/B) ratio of 3.93 while price to sale or P/S ratio amounts to 21.10. Its return on asset (ROA) is -40.75% on average.