In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Amentum Holdings Inc (NYSE: AMTM) closed at $23.86 in the last session, down -2.01% from day before closing price of $24.35. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 1.31 million shares were traded. AMTM stock price reached its highest trading level at $25.026 during the session, while it also had its lowest trading level at $23.7564.
Ratios:
We take a closer look at AMTM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 15.60 whereas as Long-Term Debt/Eq ratio is at 15.27.
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, Raymond James on November 21, 2024, initiated with a Outperform rating and assigned the stock a target price of $30.
On October 14, 2024, Truist started tracking the stock assigning a Buy rating and target price of $31.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMTM now has a Market Capitalization of 5805186048.
Stock Price History:
Over the past 52 weeks, AMTM has reached a high of $34.50, while it has fallen to a 52-week low of $21.24. The 50-Day Moving Average of the stock is -13.80%, while the 200-Day Moving Average is calculated to be -13.80%.
Shares Statistics:
According to the various share statistics, AMTM traded on average about 2.57M shares per day over the past 3-months and 2102060 shares per day over the past 10 days. A total of 243.29M shares are outstanding, with a floating share count of 135.03M. Insiders hold about 44.50% of the company’s shares, while institutions hold 41.06% stake in the company. Shares short for AMTM as of 1731628800 were 2264664 with a Short Ratio of 0.88, compared to 1728950400 on 2889211.
