American Superconductor Corp (NASDAQ:AMSC) price on current trading day, rose 17.56% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $18.81.
A look at the stock’s price movement, the close in the last trading session was $16.00, moving within a range at $15.75 and $19.2254. The beta value (5-Year monthly) was 2.578 while the PE ratio in trailing twelve months stood at 247.50. Turning to its 52-week performance, $38.02 and $11.36 were the 52-week high and 52-week low respectively. Overall, AMSC moved 1.29% over the past month.
American Superconductor Corp’s market cap currently stands at around $742.24 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-04.
Analysts have a consensus estimate of 60.27M for the company’s revenue for the quarter, with a low and high estimate of 59.2M and 61.3M respectively. The average forecast suggests up to a 43.40% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 216.43M, representing a 48.61% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AMSC is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend AMSC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AMSC’s current price about -0.62% and -17.96% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 47.02, while 7-day volatility ratio is 16.68% and 8.15% in the 30-day chart. Further, American Superconductor Corp (AMSC) has a beta value of 2.67, and an average true range (ATR) of 1.93. Analysts have given the company’s stock an average 52-week price target of $29, forecast between a low of $20 and high of $33. Looking at the price targets, the low is -6.33% off current price level while to achieve the yearly target high, price needs to move -75.44%. Nonetheless, investors will most likely welcome a -54.17% jump to $29 which is the analysts’ median price.
If we refocus on American Superconductor Corp (NASDAQ:AMSC), historical trading data shows that trading volumes averaged 0.71 over the past 10 days and 1.05 million over the past 3 months. The company’s latest data on shares outstanding shows there are 39.86 million shares.
The 4.44% of American Superconductor Corp’s shares are in the hands of company insiders while institutional holders own 70.54% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.91 million on 2025-03-14, giving us a short ratio of 2.67. The data shows that as of 2025-03-14 short interest in American Superconductor Corp (AMSC) stood at 767.0000000000001 of shares outstanding, with shares short falling to 3.0 million registered in 2025-02-14. Current price change has pushed the stock -23.63% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AMSC stock continues to rise going into the next quarter.
