Trading Day Review: Amentum Holdings Inc (AMTM) Gains Momentum, Closing at 22.82

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

The price of Amentum Holdings Inc (NYSE: AMTM) closed at $22.82 in the last session, up 1.38% from day before closing price of $22.51. In other words, the price has increased by $1.38 from its previous closing price. On the day, 3.19 million shares were traded. AMTM stock price reached its highest trading level at $23.44 during the session, while it also had its lowest trading level at $22.16.

Ratios:

We take a closer look at AMTM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 1.11 whereas as Long-Term Debt/Eq ratio is at 1.08.

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, RBC Capital Mkts on January 10, 2025, initiated with a Sector Perform rating and assigned the stock a target price of $24.

On November 21, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $30.

On October 14, 2024, Truist started tracking the stock assigning a Buy rating and target price of $31.Truist initiated its Buy rating on October 14, 2024, with a $31 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, AMTM now has a Market Capitalization of 5552151552.

Stock Price History:

Over the past 52 weeks, AMTM has reached a high of $34.50, while it has fallen to a 52-week low of $18.38. The 50-Day Moving Average of the stock is -6.88%, while the 200-Day Moving Average is calculated to be -11.17%.

Shares Statistics:

According to the various share statistics, AMTM traded on average about 2.70M shares per day over the past 3-months and 2823850 shares per day over the past 10 days. A total of 243.30M shares are outstanding, with a floating share count of 181.16M. Insiders hold about 25.54% of the company’s shares, while institutions hold 41.87% stake in the company. Shares short for AMTM as of 1732838400 were 2264664 with a Short Ratio of 2.63, compared to 1730332800 on 2658229.

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