Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of American Superconductor Corp (NASDAQ: AMSC) was $26.32 for the day, up 0.19% from the previous closing price of $26.27. In other words, the price has increased by $0.19 from its previous closing price. On the day, 0.7 million shares were traded. AMSC stock price reached its highest trading level at $26.7 during the session, while it also had its lowest trading level at $24.71.
Ratios:
Our analysis of AMSC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 2.05. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
On November 06, 2020, Canaccord Genuity Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $16.
On January 24, 2020, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $13.Canaccord Genuity initiated its Buy rating on January 24, 2020, with a $13 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 04 ’24 when Kosiba John W JR sold 50,000 shares for $28.28 per share. The transaction valued at 1,414,095 led to the insider holds 356,136 shares of the business.
Kosiba John W JR bought 50,000 shares of AMSC for $1,414,093 on Nov 04 ’24. On Jun 11 ’24, another insider, McGahn Daniel P, who serves as the Chairman, President and CEO of the company, sold 37,165 shares for $21.69 each. As a result, the insider received 806,046 and left with 1,019,956 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, AMSC now has a Market Capitalization of 1038408192 and an Enterprise Value of 969646592. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.90 while its Price-to-Book (P/B) ratio in mrq is 5.61. Its current Enterprise Value per Revenue stands at 5.505 whereas that against EBITDA is 125.439.
Stock Price History:
The Beta on a monthly basis for AMSC is 2.26, which has changed by 1.4806421 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, AMSC has reached a high of $38.02, while it has fallen to a 52-week low of $10.19. The 50-Day Moving Average of the stock is -7.69%, while the 200-Day Moving Average is calculated to be 11.89%.
Shares Statistics:
AMSC traded an average of 1.35M shares per day over the past three months and 927440 shares per day over the past ten days. A total of 39.83M shares are outstanding, with a floating share count of 37.72M. Insiders hold about 4.41% of the company’s shares, while institutions hold 67.94% stake in the company. Shares short for AMSC as of 1736899200 were 3913354 with a Short Ratio of 2.90, compared to 1734048000 on 2970993. Therefore, it implies a Short% of Shares Outstanding of 3913354 and a Short% of Float of 10.33.
