With 0.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.22 million shares. The 52-week range on AMSC shows that it touched its highest point at $38.02 and its lowest point at $11.36 during that stretch. It currently has a 1-year price target of $39.00. Beta for the stock currently stands at 2.59.
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 down-trending over the past week, with a drop of -4.23%, but this was down by -43.47% over a month. Three-month performance dropped to -46.78% while six-month performance rose 0.81%. The stock gained 28.96% in the past year, while it has lost -24.60% so far this year. A look at the trailing 12-month EPS for AMSC yields 0.08 with Next year EPS estimates of 0.57. For the next quarter, that number is 0.10. This implies an EPS growth rate of 2933.33% for this year and -6.59% for next year.
Float and Shares Shorts:
At present, 39.86 million AMSC shares are outstanding with a float of 37.72 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. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.1.
