Metric Analysis: Altus Power Inc (AMPS)’s Key Ratios in the Limelight

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.72 million shares were traded. AMPS stock price reached its highest trading level at $3.18 during the session, while it also had its lowest trading level at $3.08.

Ratios:

For a deeper understanding of Altus Power Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 2.95 whereas as Long-Term Debt/Eq ratio is at 2.79.

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 the company, Morgan Stanley on August 21, 2024, Downgraded its rating to Equal-Weight and sets its target price to $4 from $8 previously.

On June 03, 2024, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $6.50.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 07 ’24 when Felton Gregg J bought 34,139 shares for $3.99 per share. The transaction valued at 136,215 led to the insider holds 12,044,603 shares of the business.

Felton Gregg J bought 25,000 shares of AMPS for $99,750 on Jun 04 ’24. The CO-FOUNDER, CEO & PRESIDENT now owns 12,010,464 shares after completing the transaction at $3.99 per share. On Jun 03 ’24, another insider, Felton Gregg J, who serves as the CO-FOUNDER, CEO & PRESIDENT of the company, bought 8,285 shares for $4.03 each. As a result, the insider paid 33,389 and bolstered with 11,985,464 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, AMPS now has a Market Capitalization of 497568896 and an Enterprise Value of 1938064512. As of this moment, Altus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.55, and their Forward P/E ratio for the next fiscal year is 290.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.89 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 11.242 whereas that against EBITDA is 21.697.

Stock Price History:

Over the past 52 weeks, AMPS has reached a high of $7.28, while it has fallen to a 52-week low of $2.80. The 50-Day Moving Average of the stock is -6.20%, while the 200-Day Moving Average is calculated to be -32.59%.

Shares Statistics:

For the past three months, AMPS has traded an average of 940.05K shares per day and 814130 over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 91.55M. Insiders hold about 42.77% of the company’s shares, while institutions hold 49.67% stake in the company. Shares short for AMPS as of 1726185600 were 7014114 with a Short Ratio of 7.46, compared to 1723680000 on 8418618. Therefore, it implies a Short% of Shares Outstanding of 7014114 and a Short% of Float of 13.100000000000001.

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