Altus Power Inc [NYSE: AMPS] gained 27.15% on the last trading session, reaching $4.87 price per share at the time.
If compared to the average trading volume of 1.24M shares, AMPS reached a trading volume of 55418592 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 Altus Power Inc [AMPS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMPS shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMPS stock is a recommendation set at 1.80. 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.
JP Morgan have made an estimate for Altus Power Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on Feb-07-25. The new note on the price target was released on December 12, 2024, representing the official price target for Altus Power Inc stock. Previously, the target price had yet another drop from $8 to $4, while Morgan Stanley kept a Equal-Weight rating on AMPS stock.
The Average True Range (ATR) for Altus Power Inc is set at 0.32, with the Price to Sales ratio for AMPS stock in the period of the last 12 months amounting to 4.19. The Price to Book ratio for the last quarter was 1.51, with the Price to Cash per share for the same quarter was set at 0.61.
Trading performance analysis for AMPS stock
Altus Power Inc [AMPS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.78. With this latest performance, AMPS shares gained by 10.93% in over the last four-week period, additionally plugging by 35.65% over the last 6 months – not to mention a drop of -8.29% 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 AMPS stock in for the last two-week period is set at 68.93, with the RSI for the last a single of trading hit 75.22, and the three-weeks RSI is set at 64.62 for Altus Power Inc [AMPS]. The present Moving Average for the last 50 days of trading for this stock 3.98, while it was recorded at 4.12 for the last single week of trading, and 3.77 for the last 200 days.
Altus Power Inc [AMPS]: A deeper dive into fundamental analysis
Altus Power 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 Institutional ownership at Altus Power Inc [AMPS]
There are presently around $55.46%, or 92.06%% of AMPS stock, in the hands of institutional investors. The top three institutional holders of AMPS stocks are: BLACKSTONE INC. with ownership of 21.12 million shares, which is approximately 13.2784%. BLACKROCK INC., holding 7.13 million shares of the stock with an approximate value of $$27.94 million in AMPS stocks shares; and BLACKROCK INC., currently with $$18.14 million in AMPS stock with ownership which is approximately 2.9106%.
