Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Amplify Energy Corp (NYSE: AMPY) closed at $4.44 down -2.42% from its previous closing price of $4.55. In other words, the price has decreased by -$2.42 from its previous closing price. On the day, 0.65 million shares were traded.
Ratios:
For a deeper understanding of Amplify Energy Corp’s stock, let’s take a closer look at its various 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:
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 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:
As of this moment, Amplify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.88, and their Forward P/E ratio for the next fiscal year is 5.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.43.
Stock Price History:
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 -19.50%, while the 200-Day Moving Average is calculated to be -30.45%.
Shares Statistics:
A total of 39.79M shares are outstanding, with a floating share count of 36.10M. Insiders hold about 9.62% of the company’s shares, while institutions hold 52.59% stake in the company.
