1 day Ago By ABMN Staff
Amprius Technologies, Inc. ( NYSE:AMPX – Get Free Report ) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totalling 2,470,000 shares, an increase of 8.
8% from the August 15th total of 2,270,000 shares. Approximately 6.7% of the shares of the stock are short sold.
Based on an average trading volume of 637,500 shares, the days-to-cover ratio is presently 3.9 days. Wall Street Analyst Weigh In Several research firms have recently commented on AMPX.
Roth Mkm reduced their price target on shares of Amprius Technologies from $10.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, August 9th.
HC Wainwright reiterated a “buy” rating and set a $10.00 price target on shares of Amprius Technologies in a report on Monday, August 12th. Northland Securities cut their price objective on Amprius Technologies from $10.
00 to $4.00 and set an “outperform” rating for the company in a research report on Tuesday, August 13th. Oppenheimer decreased their target price on shares of Amprius Technologies from $15.
00 to $14.00 and set an “outperform” rating on the stock in a research report on Friday, August 9th. Finally, B.
Riley upgraded shares of Amprius Technologies to a “strong-buy” rating in a report on Tuesday, June 25th. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.
com, the stock currently has an average rating of “Buy” and an average target price of $8.17. Get Our Latest Stock Report on AMPX Insider Activity Institutional Investors Weigh In On Amprius Technologies Several large investors have recently bought and sold shares of AMPX.
AQR Capital Management LLC acquired a new position in shares of Amprius Technologies during the second quarter worth about $99,000. XTX Topco Ltd purchased a new position in Amprius Technologies in the second quarter worth approximately $72,000. International Assets Investment Management LLC acquired a new position in Amprius Technologies during the 4th quarter worth approximately $710,000.
Finally, B. Riley Wealth Advisors Inc. increased its position in shares of Amprius Technologies by 84.
4% in the 2nd quarter. B. Riley Wealth Advisors Inc.
now owns 22,500 shares of the company’s stock valued at $29,000 after purchasing an additional 10,300 shares during the last quarter. Hedge funds and other institutional investors own 5.04% of the company’s stock.
Amprius Technologies Price Performance Shares of AMPX stock traded down $0.06 during trading on Wednesday, reaching $0.81.
The company’s stock had a trading volume of 287,077 shares, compared to its average volume of 681,791. Amprius Technologies has a 1-year low of $0.61 and a 1-year high of $6.
02. The stock’s 50-day moving average price is $1.09 and its 200 day moving average price is $1.
57. The company has a market capitalization of $87.40 million, a price-to-earnings ratio of -1.
88 and a beta of 2.71. Amprius Technologies ( NYSE:AMPX – Get Free Report ) last posted its quarterly earnings results on Thursday, August 8th.
The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.
02). The business had revenue of $3.35 million during the quarter, compared to analyst estimates of $2.
45 million. Amprius Technologies had a negative return on equity of 64.85% and a negative net margin of 327.
05%. During the same quarter last year, the firm earned ($0.11) EPS.
On average, sell-side analysts anticipate that Amprius Technologies will post -0.49 EPS for the current fiscal year. Amprius Technologies Company Profile ( Get Free Report ) Amprius Technologies, Inc produces and sells ultra-high energy density lithium-ion batteries for mobility applications.
The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites. Featured Articles Receive News & Ratings for Amprius Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amprius Technologies and related companies with MarketBeat.
com's FREE daily email newsletter ..
