Ratios Uncovered: Breaking Down Altus Power Inc (AMPS)’s Trailing Twelve Months Metrics

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The price of Altus Power Inc (NYSE: AMPS) closed at $4.44 in the last session, down -2.42% from day before closing price of $4.55. In other words, the price has decreased by -$2.42 from its previous closing price. On the day, 2.44 million shares were traded. AMPS stock price reached its highest trading level at $5.5 during the session, while it also had its lowest trading level at $4.365.

Ratios:

We take a closer look at AMPS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 3.33 whereas as Long-Term Debt/Eq ratio is at 3.15.

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, Maxim Group on April 10, 2024, initiated with a Buy rating and assigned the stock a target price of $7.

On November 30, 2023, Northland Capital started tracking the stock assigning a Outperform rating and target price of $10.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 28 ’24 when Felton Gregg J bought 12,500 shares for $4.78 per share. The transaction valued at 59,750 led to the insider holds 11,894,603 shares of the business.

NORELL LARS sold 40,000 shares of AMPS for $274,520 on Mar 01 ’24. The CO-FOUNDER CO-CEO CO-PRESIDENT now owns 21,614,907 shares after completing the transaction at $6.86 per share. On Feb 16 ’24, another insider, Savino Anthony, who serves as the COFOUNDER,CHIEF CONST. OFFICER of the company, sold 4,598 shares for $7.15 each. As a result, the insider received 32,876 and left with 3,887,663 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 709845056 and an Enterprise Value of 2134159872. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.26 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 12.822 whereas that against EBITDA is 26.566.

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 $3.40. The 50-Day Moving Average of the stock is -7.27%, while the 200-Day Moving Average is calculated to be -20.21%.

Shares Statistics:

According to the various share statistics, AMPS traded on average about 1.17M shares per day over the past 3-months and 1205910 shares per day over the past 10 days. A total of 159.00M shares are outstanding, with a floating share count of 93.43M. Insiders hold about 41.56% of the company’s shares, while institutions hold 47.48% stake in the company. Shares short for AMPS as of 1714435200 were 8947126 with a Short Ratio of 7.66, compared to 1711584000 on 8255546. Therefore, it implies a Short% of Shares Outstanding of 8947126 and a Short% of Float of 16.75.

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