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The closing price of American Superconductor Corp. (NASDAQ: AMSC) was $20.22 for the day, up 2.17% from the previous closing price of $19.79. In other words, the price has increased by $2.17 from its previous closing price. On the day, 0.93 million shares were traded. AMSC stock price reached its highest trading level at $20.36 during the session, while it also had its lowest trading level at $19.64.
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 8.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 113.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 0.03 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 Jun 11 ’24 when McGahn Daniel P sold 37,165 shares for $21.69 per share. The transaction valued at 806,046 led to the insider holds 1,019,956 shares of the business.
Kosiba John W JR sold 32,000 shares of AMSC for $693,750 on Jun 11 ’24. The SVP, CFO & Treasurer now owns 316,136 shares after completing the transaction at $21.68 per share. On May 21 ’24, another insider, Kosiba John W JR, who serves as the SVP, CFO & Treasurer of the company, sold 29,000 shares for $14.82 each. As a result, the insider received 429,814 and left with 348,136 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 774341056 and an Enterprise Value of 685115264. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.97 while its Price-to-Book (P/B) ratio in mrq is 5.28. Its current Enterprise Value per Revenue stands at 4.401 whereas that against EBITDA is 270.904.
Stock Price History:
Over the past 52 weeks, AMSC has reached a high of $32.70, while it has fallen to a 52-week low of $5.78. The 50-Day Moving Average of the stock is -15.16%, while the 200-Day Moving Average is calculated to be 28.33%.
Shares Statistics:
AMSC traded an average of 1.24M shares per day over the past three months and 585390 shares per day over the past ten days. A total of 36.95M shares are outstanding, with a floating share count of 36.73M. Insiders hold about 4.10% of the company’s shares, while institutions hold 69.82% stake in the company. Shares short for AMSC as of 1723680000 were 2691817 with a Short Ratio of 2.18, compared to 1721001600 on 2940058. Therefore, it implies a Short% of Shares Outstanding of 2691817 and a Short% of Float of 7.33.
