Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $5.36 in the prior trading day, Amplify Energy Corp (NYSE: AMPY) closed at $5.40, up 0.75%. In other words, the price has increased by $0.75 from its previous closing price. On the day, 0.64 million shares were traded. AMPY stock price reached its highest trading level at $5.435 during the session, while it also had its lowest trading level at $5.21.
Ratios:
Our goal is to gain a better understanding of AMPY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.30.
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, The Benchmark Company on May 02, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
On January 22, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $9.
ROTH Capital Upgraded its Neutral to Buy on October 28, 2022, while the target price for the stock was maintained at $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 12 ’24 when Dulany Eric Edward sold 6,000 shares for $7.03 per share. The transaction valued at 42,197 led to the insider holds 20,797 shares of the business.
Dulany Eric Edward bought 6,000 shares of AMPY for $42,197 on Aug 12 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMPY now has a Market Capitalization of 215686256. As of this moment, Amplify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.50, and their Forward P/E ratio for the next fiscal year is 5.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.52.
Stock Price History:
The Beta on a monthly basis for AMPY is 1.95, which has changed by -0.124183 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, AMPY has reached a high of $8.15, while it has fallen to a 52-week low of $3.56. The 50-Day Moving Average of the stock is -12.96%, while the 200-Day Moving Average is calculated to be -18.36%.
Shares Statistics:
The stock has traded on average 287.49K shares per day over the past 3-months and 444080 shares per day over the last 10 days, according to various share statistics. A total of 39.79M shares are outstanding, with a floating share count of 36.35M. Insiders hold about 9.01% of the company’s shares, while institutions hold 48.41% stake in the company. Shares short for AMPY as of 1736899200 were 1192620 with a Short Ratio of 4.15, compared to 1734048000 on 954340. Therefore, it implies a Short% of Shares Outstanding of 1192620 and a Short% of Float of 3.05.
Dividends & Splits
The current Payout Ratio is 0.00% for AMPY, which recently paid a dividend on 2020-03-13 with an ex-dividend date of 1584057600. Stock splits for the company last occurred on 2015-08-04 when the company split stock in a 1:10 ratio.
