Amprius Technologies Inc [AMPX] is -72.59% lower this YTD. Is it still time to buy?

Amprius Technologies Inc [NYSE: AMPX] plunged by -$0.09 during the normal trading session on while it closed the day at $1.45.

Amprius Technologies Inc stock has also gained 11.54% of its value over the past 7 days. However, AMPX stock has inclined by 21.85% in the 3 months of the year. Over the past six months meanwhile, it has lost -9.94% and lost -72.59% year-on date.

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The market cap for AMPX stock reached $161.02 million, with 88.87 million shares outstanding and 36.77 million shares in the current float. Compared to the average trading volume of 1.12M shares, AMPX reached a trading volume of 2519713 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Amprius Technologies Inc [AMPX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMPX shares is $7.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMPX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

ROTH MKM have made an estimate for Amprius Technologies Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 11, 2024. While these analysts kept the previous recommendation, William Blair raised their target price to Mkt Perform. The new note on the price target was released on December 18, 2023, representing the official price target for Amprius Technologies Inc stock. Previously, the target price had yet another raise to $10, while Alliance Global Partners analysts kept a Buy rating on AMPX stock.

The Average True Range (ATR) for Amprius Technologies Inc is set at 0.16, with the Price to Sales ratio for AMPX stock in the period of the last 12 months amounting to 12.96. The Price to Book ratio for the last quarter was 2.40, with the Price to Cash per share for the same quarter was set at 0.42.

AMPX stock trade performance evaluation

Amprius Technologies Inc [AMPX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.54. With this latest performance, AMPX shares gained by 68.68% in over the last four-week period, additionally sinking by -9.94% over the last 6 months – not to mention a drop of -45.69% 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 AMPX stock in for the last two-week period is set at 59.51, with the RSI for the last a single of trading hit 59.04, and the three-weeks RSI is set at 58.42 for Amprius Technologies Inc [AMPX]. The present Moving Average for the last 50 days of trading for this stock 1.0917, while it was recorded at 1.5060 for the last single week of trading, and 1.9802 for the last 200 days.

Amprius Technologies Inc [AMPX]: An insightful look at the core fundamentals

Amprius Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.93 and a Current Ratio set at 4.05.

Earnings per share (EPS) analysis for Amprius Technologies Inc [AMPX] stock

With the latest financial reports released by the company, Amprius Technologies Inc posted -0.1/share EPS, while the average EPS was predicted by analysts to be reported at -0.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMPX.

Amprius Technologies Inc [AMPX]: Institutional Ownership

There are presently around $7.08%, or 20.44%% of AMPX stock, in the hands of institutional investors. The top three institutional holders of AMPX stocks are: INVESCO LTD. with ownership of 1.19 million shares, which is approximately 1.3226%. ZAZOVE ASSOCIATES LLC, holding 1.1 million shares of the stock with an approximate value of $$1.4 million in AMPX stocks shares; and ZAZOVE ASSOCIATES LLC, currently with $$1.32 million in AMPX stock with ownership which is approximately 1.1552%.