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The price of Amer Sports Inc. (NYSE: AS) closed at $13.73 in the last session, down -4.65% from day before closing price of $14.40. In other words, the price has decreased by -$4.65 from its previous closing price. On the day, 1.88 million shares were traded. AS stock price reached its highest trading level at $14.4 during the session, while it also had its lowest trading level at $13.52.
Ratios:
We take a closer look at AS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.58.
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 6937081856 and an Enterprise Value of 9165277184. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 1.86. Its current Enterprise Value per Revenue stands at 1.976 whereas that against EBITDA is 22.988.
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 $10.11. The 50-Day Moving Average of the stock is 13.08%, while the 200-Day Moving Average is calculated to be -2.56%.
Shares Statistics:
According to the various share statistics, AS traded on average about 1.44M shares per day over the past 3-months and 1088070 shares per day over the past 10 days. A total of 489.50M shares are outstanding, with a floating share count of 68.22M. Insiders hold about 86.50% of the company’s shares, while institutions hold 9.02% stake in the company. Shares short for AS as of 1723680000 were 7386910 with a Short Ratio of 5.11, compared to 1721001600 on 8677086. Therefore, it implies a Short% of Shares Outstanding of 7386910 and a Short% of Float of 8.2399994.
