A share price of American Superconductor Corp [AMSC] is currently trading at $32.59, down -0.79%. An important factor to consider is whether the stock is rising or falling in short-term value. The AMSC shares have gain 23.82% over the last week, with a monthly amount glided 19.97%, and seem to be holding up well over a long-time horizon.
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 experienced fluctuations in its stock price throughout the past year between $10.21 and $38.02. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. American Superconductor Corp [NASDAQ: AMSC] shares were valued at $32.59 at the most recent close of the market. An investor can expect a potential drop of -11.02% based on the average AMSC price forecast.
Analyzing the AMSC fundamentals
Trailing Twelve Months sales for American Superconductor Corp [NASDAQ:AMSC] were 198.19M which represents 56.03% growth. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 31.64 points at the first support level, and at 30.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.02, and for the 2nd resistance point, it is at 35.44.
Ratios To Look Out For
To put it in perspective, the Current Ratio for American Superconductor Corp [NASDAQ:AMSC] is 1.97. On the other hand, the Quick Ratio is 1.25, and the Cash Ratio is 0.72. Considering the valuation of this stock, the price to sales ratio is 6.49, the price to book ratio is 6.74 and price to earnings (TTM) ratio is 428.82.
Transactions by insiders
Recent insider trading involved Kosiba John W JR, SVP, CFO & Treasurer, that happened on Nov 04 ’24 when 50000.0 shares were sold. Officer, Kosiba John W JR completed a deal on Nov 04 ’24 to buy 50000.0 shares. Meanwhile, Chairman, President and CEO McGahn Daniel P sold 37165.0 shares on Jun 11 ’24.