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The price of Amer Sports Inc. (NYSE: AS) closed at $18.04 in the last session, down -6.67% from day before closing price of $19.33. In other words, the price has decreased by -$6.67 from its previous closing price. On the day, 3.87 million shares were traded. AS stock price reached its highest trading level at $19.32 during the session, while it also had its lowest trading level at $17.945.
Ratios:
We take a closer look at AS’s different ratios to gain a better understanding of the stock. 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.
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 the company, Wells Fargo on October 14, 2024, Downgraded its rating to Equal Weight and sets its target price to $19 from $17 previously.
On February 26, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $19.Wells Fargo initiated its Overweight rating on February 26, 2024, with a $19 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 9114710016 and an Enterprise Value of 11342903296. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.97 while its Price-to-Book (P/B) ratio in mrq is 2.27. Its current Enterprise Value per Revenue stands at 2.446 whereas that against EBITDA is 28.45.
Stock Price History:
Over the past 52 weeks, AS has reached a high of $19.73, while it has fallen to a 52-week low of $10.11. The 50-Day Moving Average of the stock is 23.27%, while the 200-Day Moving Average is calculated to be 25.24%.
Shares Statistics:
According to the various share statistics, AS traded on average about 1.68M shares per day over the past 3-months and 2970010 shares per day over the past 10 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 8.79% stake in the company. Shares short for AS as of 1727654400 were 6185283 with a Short Ratio of 3.68, compared to 1724976000 on 7145682. Therefore, it implies a Short% of Shares Outstanding of 6185283 and a Short% of Float of 6.9.
