Market cap of Amprius Technologies Inc [AMPX] reaches 262.06M – now what?

ETSY Stock

Amprius Technologies Inc [NYSE: AMPX] stock went on an upward path that rose over 24.74% on Thursday, amounting to a one-week price increase of more than 42.77%.

Over the last 12 months, AMPX stock dropped by -41.19%. The one-year Amprius Technologies Inc stock forecast points to a potential upside of 66.95. The average equity rating for AMPX stock is currently 1.00, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $262.06 million, with 107.98 million shares outstanding and 76.14 million shares in the current float. Compared to the average trading volume of 2.52M shares, AMPX stock reached a trading volume of 10276450 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 0.23, with the Price to Sales ratio for AMPX stock in the period of the last 12 months amounting to 21.10. The Price to Book ratio for the last quarter was 3.93, with the Price to Cash per share for the same quarter was set at 0.42.

AMPX Stock Performance Analysis:

Amprius Technologies Inc [AMPX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 42.77. With this latest performance, AMPX shares gained by 16.18% in over the last four-week period, additionally plugging by 94.26% over the last 6 months – not to mention a drop of -41.19% 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 64.40, with the RSI for the last a single of trading hit 71.27, and the three-weeks RSI is set at 61.44 for Amprius Technologies Inc [AMPX]. The present Moving Average for the last 50 days of trading for this stock 1.8100, while it was recorded at 1.9400 for the last single week of trading, and 1.5500 for the last 200 days.

Insight into Amprius Technologies Inc 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.

Amprius Technologies Inc [AMPX] Institutonal Ownership Details

There are presently around $20.94%, or 24.72%% 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%.