Amprius Technologies Inc (AMPX) Shares on the Decline: Short-term Analysis

Amprius Technologies Inc [AMPX] stock is trading at $2.12, down -4.93%. An important factor to consider is whether the stock is rising or falling in short-term value. The AMPX shares have gain 22.54% over the last week, with a monthly amount glided 63.08%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Amprius Technologies Inc [NYSE: AMPX] stock has seen the most recent analyst activity on January 11, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $10. On December 05, 2023, Alliance Global Partners initiated with a Buy rating and assigned a price target of $10 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $10 on October 31, 2023. Northland Capital initiated its recommendation with a Outperform and recommended $16 as its price target on June 02, 2023. B. Riley Securities started tracking with a Buy rating for this stock on December 02, 2022, and assigned it a price target of $14. In a note dated October 14, 2022, Oppenheimer initiated an Outperform rating and provided a target price of $14 on this stock.

Amprius Technologies Inc [AMPX] stock has fluctuated between $0.61 and $6.02 over the past year. Amprius Technologies Inc [NYSE: AMPX] shares were valued at $2.12 at the most recent close of the market.

Analyzing the AMPX fundamentals

Amprius Technologies Inc [NYSE:AMPX] reported sales of 12.42M for the trailing twelve months, which represents a growth of 104.96%. Gross Profit Margin for this corporation currently stands at -1.14% with Operating Profit Margin at -2.53%, Pretax Profit Margin comes in at -2.47%, and Net Profit Margin reading is -2.46%. To continue investigating profitability, this company’s Return on Assets is posted at -0.41, Equity is -0.71 and Total Capital is -0.49.

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 2.01 points at the first support level, and at 1.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.24, and for the 2nd resistance point, it is at 2.36.

Ratios To Look Out For

For context, Amprius Technologies Inc’s Current Ratio is 4.05. On the other hand, the Quick Ratio is 3.93, and the Cash Ratio is 2.7. Considering the valuation of this stock, the price to sales ratio is 17.17, the price to book ratio is 3.51.

Transactions by insiders

Recent insider trading involved AMPRIUS, INC., 10% Owner, that happened on Nov 11 ’24 when 0.38 million shares were purchased. 10% Owner, AMPRIUS, INC. completed a deal on Nov 08 ’24 to buy 0.6 million shares. Meanwhile, 10% Owner AMPRIUS, INC. bought 40386.0 shares on Nov 07 ’24.

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