American Superconductor Corp. [AMSC] stock is trading at $26.39, up 13.41%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMSC shares have gain 11.26% over the last week, with a monthly amount glided 23.72%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Canaccord Genuity downgraded its rating to Hold on November 06, 2020, and kept the price target unchanged to $16. On January 24, 2020, Canaccord Genuity initiated with a Buy rating and assigned a price target of $13 on the stock. FBR & Co. downgraded its rating to a Mkt Perform and reduced its price target to $6 on July 21, 2017. Rodman & Renshaw reiterated a Buy rating for this stock on April 28, 2017, and downed its price target to $7.50. In a note dated April 28, 2017, FBR & Co. reiterated an Outperform rating on this stock and revised its target price from $11 to $9.
American Superconductor Corp. [AMSC] stock has fluctuated between $5.78 and $32.70 over the past year. Currently, Wall Street analysts expect the stock to reach $27.33 within the next 12 months. American Superconductor Corp. [NASDAQ: AMSC] shares were valued at $26.39 at the most recent close of the market. An investor can expect a potential return of 3.56% based on the average AMSC price forecast.
Analyzing the AMSC fundamentals
American Superconductor Corp. [NASDAQ:AMSC] reported sales of 155.68M for the trailing twelve months, which represents a growth of 33.17%. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.12 points at the first support level, and at 21.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.66, and for the 2nd resistance point, it is at 28.93.
Ratios To Look Out For
For context, American Superconductor Corp.’s Current Ratio is 2.01. As well, the Quick Ratio is 1.48, while the Cash Ratio is 1.09. Considering the valuation of this stock, the price to sales ratio is 6.49, the price to book ratio is 6.89.
Transactions by insiders
Recent insider trading involved McGahn Daniel P, Chairman, President and CEO, that happened on Jun 11 ’24 when 37165.0 shares were sold. SVP, CFO & Treasurer, Kosiba John W JR completed a deal on Jun 11 ’24 to sell 32000.0 shares. Meanwhile, SVP, CFO & Treasurer Kosiba John W JR sold 29000.0 shares on May 21 ’24.