Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $14.48 in the prior trading day, Amer Sports Inc. (NYSE: AS) closed at $14.54, up 0.41%. In other words, the price has increased by $0.41 from its previous closing price. On the day, 0.85 million shares were traded. AS stock price reached its highest trading level at $14.69 during the session, while it also had its lowest trading level at $14.45.
Ratios:
Our goal is to gain a better understanding of AS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.49.
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 7346334720 and an Enterprise Value of 13527529472. Its current Enterprise Value per Revenue stands at 3.097 whereas that against EBITDA is 30.899.
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 $13.10. The 50-Day Moving Average of the stock is -4.73%, while the 200-Day Moving Average is calculated to be -4.23%.
Shares Statistics:
The stock has traded on average 1.63M shares per day over the past 3-months and 1704540 shares per day over the last 10 days, according to various share statistics. A total of 115.57M shares are outstanding, with a floating share count of 95.08M. Insiders hold about 80.58% of the company’s shares, while institutions hold 1.63% stake in the company. Shares short for AS as of 1713139200 were 4969665 with a Short Ratio of 3.05, compared to 1710460800 on 2908259. Therefore, it implies a Short% of Shares Outstanding of 4969665 and a Short% of Float of 5.54.
