Ameri Holdings Inc. [NASDAQ: AMRH] gained 14.53% or 0.26 points to close at $2.05 with a heavy trading volume of 2136160 shares. It opened the trading session at $1.73, the shares rose to $2.14 and dropped to $1.73, the range by which the price of stock traded the whole day. The daily chart for AMRH points out that the company has recorded -6.82% loss over the past six months. However, it is still -225.4% lower than its most recent low trading price.
If we look at the average trading volume of 1.40M shares, AMRH reached to a volume of 2136160 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about Ameri Holdings Inc. [AMRH]:
The Average True Range (ATR) for Ameri Holdings Inc. is set at 0.44, with the Price to Sales ratio for AMRH stock in the period of the last 12 months amounting to 0.18. The Price to Book ratio for the last quarter was 0.64, with the Price to Cash per share for the same quarter was set at 0.39.
Trading performance analysis for AMRH stock
Ameri Holdings Inc. [AMRH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -28.57. With this latest performance, AMRH shares gained by 70.83% in over the last four-week period, additionally sinking by -6.82% over the last 6 months – not to mention a drop of -75.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMRH stock in for the last two-week period is set at 60.43, with the RSI for the last a single of trading hit 59.86, and the three-weeks RSI is set at 59.83 for Ameri Holdings Inc. [AMRH]. The present Moving Average for the last 50 days of trading for this stock 1.18, while it was recorded at 1.99 for the last single week of trading, and 2.38 for the last 200 days.
Ameri Holdings Inc. [AMRH]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Ameri Holdings Inc. [AMRH] shares currently have an operating margin of -15.85 and a Gross Margin at +14.75. Ameri Holdings Inc.’s Net Margin is presently recorded at -14.04.
Return on Total Capital for AMRH is now -40.20, given the latest momentum, and Return on Invested Capital for the company is -52.42. Return on Equity for this stock declined to -52.42, with Return on Assets sitting at -20.51. When it comes to the capital structure of this company, Ameri Holdings Inc. [AMRH] has a Total Debt to Total Equity ratio set at 45.95. Additionally, AMRH Total Debt to Total Capital is recorded at 31.49, with Total Debt to Total Assets ending up at 19.52.
Reflecting on the efficiency of the workforce at the company, Ameri Holdings Inc. [AMRH] managed to generate an average of -$14,116 per employee. Receivables Turnover for the company is 5.60 with a Total Asset Turnover recorded at a value of 1.46.Ameri Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.
An analysis of insider ownership at Ameri Holdings Inc. [AMRH]
There are presently around $0 million, or 1.30% of AMRH stock, in the hands of institutional investors. The top three institutional holders of AMRH stocks are: GEODE CAPITAL MANAGEMENT, LLC with ownership of 10,788, which is approximately 0% of the company’s market cap and around 25.86% of the total institutional ownership; UBS GROUP AG, holding 5,138 shares of the stock with an approximate value of $9000.0 in AMRH stocks shares; and ROYAL BANK OF CANADA, currently with $1000.0 in AMRH stock with ownership of nearly 0% of the company’s market capitalization.
2 institutional holders increased their position in Ameri Holdings Inc. [NASDAQ:AMRH] by around 5,060 shares. Additionally, 1 investors decreased positions by around 236 shares, while 3 investors held positions by with 11,044 shares. The mentioned changes placed institutional holdings at 16,340 shares, according to the latest SEC report filing. AMRH stock had 1 new institutional investments in for a total of 13 shares, while 1 institutional investors sold positions of 236 shares during the same period.