Ameri Holdings Inc. [NASDAQ: AMRH] loss -4.35% on the last trading session, reaching $1.32 price per share at the time. The company report on September 17, 2020 that AMERI Holdings Files Second Amendment To Registration Statement On Form S-4.
AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri”, the “Company”), announced that it has filed a second amendment to the Registration Statement on Form S-4 (“Amended S-4”) with the Securities and Exchange Commission (“SEC”), which includes a preliminary proxy statement/prospectus, in connection with the Company’s proposed tender agreement with Jay Pharma.
The Second Amended S-4 containing the joint preliminary proxy statement/prospectus is available through the SEC’s website at www.sec.gov.
Ameri Holdings Inc. represents 5.74 million in outstanding shares, while the company has a total market value of $7.41 million with the latest information. AMRH stock price has been found in the range of $1.25 to $1.65.
If compared to the average trading volume of 510.28K shares, AMRH reached a trading volume of 3508029 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 0.14, with the Price to Sales ratio for AMRH stock in the period of the last 12 months amounting to 0.21. The Price to Book ratio for the last quarter was 0.36, with the Price to Cash per share for the same quarter was set at 0.37.
Trading performance analysis for AMRH stock
Ameri Holdings Inc. [AMRH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 26.92. With this latest performance, AMRH shares gained by 12.82% in over the last four-week period, additionally plugging by 76.00% over the last 6 months – not to mention a drop of -67.88% 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 54.07, with the RSI for the last a single of trading hit 62.88, and the three-weeks RSI is set at 50.30 for Ameri Holdings Inc. [AMRH]. The present Moving Average for the last 50 days of trading for this stock 1.4566, while it was recorded at 1.2020 for the last single week of trading, and 1.4482 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 0.80 and a Current Ratio set at 0.80.
An analysis of insider ownership at Ameri Holdings Inc. [AMRH]
There are presently around $0 million, or 1.50% of AMRH stock, in the hands of institutional investors. The top three institutional holders of AMRH stocks are: VIRTU FINANCIAL LLC with ownership of 45,052, which is approximately New of the company’s market cap and around 25.86% of the total institutional ownership; GEODE CAPITAL MANAGEMENT, LLC, holding 10,788 shares of the stock with an approximate value of $14000.0 in AMRH stocks shares; and UBS GROUP AG, currently with $2000.0 in AMRH stock with ownership of nearly -77.54% of the company’s market capitalization.
Positions in Ameri Holdings Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 2 institutional holders increased their position in Ameri Holdings Inc. [NASDAQ:AMRH] by around 45,652 shares. Additionally, 1 investors decreased positions by around 3,984 shares, while 3 investors held positions by with 8,372 shares. The mentioned changes placed institutional holdings at 58,008 shares, according to the latest SEC report filing. AMRH stock had 1 new institutional investments in for a total of 45,052 shares, while 0 institutional investors sold positions of 0 shares during the same period.