Altus Power Inc (NYSE:AMPS) currently has a daily average trading volume of 1.21M but it saw 827615 shares traded in last market. With a market cap of 665.66M USD, the company’s current market price of $4.12 came rising about 0.98 while comparing to the previous closing price of $4.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.28 and as low as $2.71. In the recent trading on the day, stock has struck highest price mark of $3.99 while lowest mark touched by it was $4.27.
Taking a look at 20-day trading activity of Altus Power Inc (AMPS) gives us an average price of $3.93, while its current price level is -43.41% below from 52-week high level whereas it is 52.03% 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 $3.74 while that of 200 days or SMA-200 reads an average of $3.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.47% during that period while stretching the period over a month that decreases to 6.85%. 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 57.77 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on August 21, 2024 while assigning a price target range of $8-$4. Seaport Research Partners issued its recommendations for the stock as it initiated the price target for the stock is $6.50.
Over the week, AMPS’s stock price is moving 8.14% up while it is -1.20% when we observe its performance for the past one month. Year-to-date it is -39.68% down and over the past year, the stock is showing a downside performance of -37.95%.
Currently, Altus Power Inc’s total number of outstanding shares is 159.99M. Company’s return on investment (ROI) stands at 1.88% and return on equity (ROE) at 7.23%. It has a price to earnings ratio (P/E ratio) of 19.47. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 1.28 while price to sale or P/S ratio amounts to 3.58. Its return on asset (ROA) is 1.76% on average.
