Altus Power Inc [NYSE: AMPS] traded at a high on Thursday, posting a 0.20 gain after which it closed the day’ session at $4.93.
The results of the trading session contributed to over 5079159 shares changing hands. Over the past one week, the price volatility of Altus Power Inc stands at 0.78% while the volatility over the past one month is 3.80%.
The market cap for AMPS stock reached $788.80 million, with 159.99 million shares outstanding and 106.83 million shares in the current float. Compared to the average trading volume of 2.70M shares, AMPS reached a trading volume of 5079159 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $5.07 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 2.33. 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.
UBS have made an estimate for Altus Power Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 10, 2025. While these analysts kept the previous recommendation, B. Riley Securities dropped their target price from $6 to $5. The new note on the price target was released on February 07, 2025, representing the official price target for Altus Power Inc stock.
The Average True Range (ATR) for Altus Power Inc is set at 0.18, with the Price to Sales ratio for AMPS stock in the period of the last 12 months amounting to 4.24. The Price to Book ratio for the last quarter was 1.53, with the Price to Cash per share for the same quarter was set at 0.61.
How has AMPS stock performed recently?
Altus Power Inc [AMPS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.02. With this latest performance, AMPS shares gained by 37.33% in over the last four-week period, additionally plugging by 53.11% over the last 6 months – not to mention a drop of -31.24% 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 69.78, with the RSI for the last a single of trading hit 76.11, and the three-weeks RSI is set at 65.35 for Altus Power Inc [AMPS]. The present Moving Average for the last 50 days of trading for this stock 4.12, while it was recorded at 4.91 for the last single week of trading, and 3.82 for the last 200 days.
Altus Power Inc [AMPS]: Deeper insight into the fundamentals
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.
Earnings analysis for Altus Power Inc [AMPS]
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 AMPS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Altus Power Inc go to 3.00%.
Insider trade positions for Altus Power Inc [AMPS]
The top three institutional holders of AMPS stocks are: BLACKSTONE INC. with ownership of 21.12 million shares, which is approximately 13.2056%. 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 2.8946%.
