For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $7.16 in the prior trading day, Amplify Energy Corp. (NYSE: AMPY) closed at $6.62, down -7.54%. In other words, the price has decreased by -$7.54 from its previous closing price. On the day, 0.98 million shares were traded. AMPY stock price reached its highest trading level at $6.885 during the session, while it also had its lowest trading level at $6.45.
Ratios:
Our goal is to gain a better understanding of AMPY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 87.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on May 02, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
On January 22, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $9.
ROTH Capital Upgraded its Neutral to Buy on October 28, 2022, while the target price for the stock was maintained at $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 21 ’23 when Dulany Eric Edward sold 2,000 shares for $5.93 per share. The transaction valued at 11,861 led to the insider holds 11,723 shares of the business.
FREW JAMES bought 10,000 shares of AMPY for $60,499 on Nov 08 ’23. The SVP, CHIEF FINANCIAL OFFICER now owns 10,000 shares after completing the transaction at $6.05 per share. On Nov 07 ’23, another insider, FURBEE DANIEL, who serves as the SVP, CHIEF OPERATING OFFICER of the company, bought 10,000 shares for $6.10 each. As a result, the insider paid 60,963 and bolstered with 10,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMPY now has a Market Capitalization of 262231440 and an Enterprise Value of 392324992. As of this moment, Amplify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.12, and their Forward P/E ratio for the next fiscal year is 5.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at 1.309 whereas that against EBITDA is 4.576.
Stock Price History:
Over the past 52 weeks, AMPY has reached a high of $8.21, while it has fallen to a 52-week low of $3.56. The 50-Day Moving Average of the stock is -0.73%, while the 200-Day Moving Average is calculated to be 1.13%.
Shares Statistics:
The stock has traded on average 635.99K shares per day over the past 3-months and 415980 shares per day over the last 10 days, according to various share statistics. A total of 39.15M shares are outstanding, with a floating share count of 36.58M. Insiders hold about 7.66% of the company’s shares, while institutions hold 42.45% stake in the company. Shares short for AMPY as of 1713139200 were 1413523 with a Short Ratio of 2.22, compared to 1710460800 on 1159047. Therefore, it implies a Short% of Shares Outstanding of 1413523 and a Short% of Float of 3.64.
