American Superconductor Corp [AMSC] stock prices are up 3.42% to $23.58 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AMSC shares have gain 13.09% over the last week, with a monthly amount glided 31.00%, 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.
The stock price of American Superconductor Corp [AMSC] has been fluctuating between $13.72 and $38.02 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 $23.58 at the most recent close of the market. An investor can expect a potential return of 15.9% based on the average AMSC price forecast.
Analyzing the AMSC fundamentals
The American Superconductor Corp [NASDAQ:AMSC] reported sales of 198.19M for trailing twelve months, representing a surge of 56.03%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 22.92 points at the first support level, and at 22.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.27, and for the 2nd resistance point, it is at 24.97.
Ratios To Look Out For
It’s worth pointing out that American Superconductor Corp [NASDAQ:AMSC]’s Current Ratio is 1.97. In addition, the Quick Ratio stands at 1.25 and the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 4.69, the price to book ratio is 4.88 and price to earnings (TTM) ratio is 310.26.
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.
