Amplitude Inc [NASDAQ: AMPL] gained 0.66% or 0.07 points to close at $10.67 with a heavy trading volume of 277834 shares.
The daily chart for AMPL points out that the company has recorded 29.96% gains over the past six months.
If we look at the average trading volume of 395.74K shares, AMPL reached to a volume of 277834 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 Amplitude Inc [AMPL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMPL shares is $12.39 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMPL stock is a recommendation set at 2.60. 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.
Piper Sandler have made an estimate for Amplitude Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 06, 2025. The new note on the price target was released on December 13, 2024, representing the official price target for Amplitude Inc stock.
The Average True Range (ATR) for Amplitude Inc is set at 0.50, with the Price to Sales ratio for AMPL stock in the period of the last 12 months amounting to 4.66. The Price to Book ratio for the last quarter was 4.61, with the Price to Cash per share for the same quarter was set at 2.51. Price to Free Cash Flow for AMPL in the course of the last twelve months was 83.02 with Quick ratio for the last quarter at 2.45.
Trading performance analysis for AMPL stock
Amplitude Inc [AMPL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.14. With this latest performance, AMPL shares dropped by -6.89% in over the last four-week period, additionally plugging by 29.96% over the last 6 months – not to mention a drop of -13.32% 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 AMPL stock in for the last two-week period is set at 47.53, with the RSI for the last a single of trading hit 44.87, and the three-weeks RSI is set at 49.87 for Amplitude Inc [AMPL]. The present Moving Average for the last 50 days of trading for this stock 10.55, while it was recorded at 10.87 for the last single week of trading, and 9.38 for the last 200 days.
Amplitude Inc [AMPL]: A deeper dive into fundamental analysis
Amplitude Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.45 and a Current Ratio set at 2.45.
An analysis of Institutional ownership at Amplitude Inc [AMPL]
There are presently around $75.97%, or 81.49%% of AMPL stock, in the hands of institutional investors. The top three institutional holders of AMPL stocks are: T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with ownership of 8.9 million shares, which is approximately 7.3632%. VANGUARD GROUP INC, holding 8.46 million shares of the stock with an approximate value of $$75.32 million in AMPL stocks shares; and VANGUARD GROUP INC, currently with $$71.12 million in AMPL stock with ownership which is approximately 6.614%.
