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The closing price of Amer Sports Inc. (NYSE: AS) was $14.51 for the day, up 2.83% from the previous closing price of $14.11. In other words, the price has increased by $2.83 from its previous closing price. On the day, 0.66 million shares were traded. AS stock price reached its highest trading level at $14.53 during the session, while it also had its lowest trading level at $14.16.
Ratios:
Our analysis of AS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.58.
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 7331177472 and an Enterprise Value of 9559371776. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 1.83. Its current Enterprise Value per Revenue stands at 2.061 whereas that against EBITDA is 23.976.
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 $10.11. The 50-Day Moving Average of the stock is 18.65%, while the 200-Day Moving Average is calculated to be 3.00%.
Shares Statistics:
AS traded an average of 1.47M shares per day over the past three months and 1141600 shares per day over the past ten days. A total of 505.25M shares are outstanding, with a floating share count of 68.22M. Insiders hold about 86.50% of the company’s shares, while institutions hold 9.02% stake in the company. Shares short for AS as of 1724976000 were 7145682 with a Short Ratio of 4.85, compared to 1722384000 on 6798556. Therefore, it implies a Short% of Shares Outstanding of 7145682 and a Short% of Float of 7.969999999999999.
