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After finishing at $11.91 in the prior trading day, Amer Sports Inc. (NYSE: AS) closed at $11.95, up 0.34%. In other words, the price has increased by $0.34 from its previous closing price. On the day, 1.54 million shares were traded. AS stock price reached its highest trading level at $12.22 during the session, while it also had its lowest trading level at $11.92.
Ratios:
Our goal is to gain a better understanding of AS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.96. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.57.
On February 26, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $19.
On February 26, 2024, UBS started tracking the stock assigning a Buy rating and target price of $23.UBS initiated its Buy rating on February 26, 2024, with a $23 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AS now has a Market Capitalization of 6037736960 and an Enterprise Value of 8106532864. Its current Enterprise Value per Revenue stands at 1.801 whereas that against EBITDA is 19.408.
Stock Price History:
Over the past 52 weeks, AS has reached a high of $18.23, while it has fallen to a 52-week low of $10.93. The 50-Day Moving Average of the stock is -16.19%, while the 200-Day Moving Average is calculated to be -19.25%.
Shares Statistics:
The stock has traded on average 1.55M shares per day over the past 3-months and 2249750 shares per day over the last 10 days, according to various share statistics. A total of 489.50M shares are outstanding, with a floating share count of 67.92M. Insiders hold about 86.56% of the company’s shares, while institutions hold 7.77% stake in the company. Shares short for AS as of 1719532800 were 7868138 with a Short Ratio of 5.09, compared to 1717113600 on 7521767. Therefore, it implies a Short% of Shares Outstanding of 7868138 and a Short% of Float of 8.7799996.
