Amprius Technologies Inc (NYSE:AMPX) traded at $2.87 at close of the session on Tuesday, May 13 and made an upward move of 4.74% on its previous day’s price.
Amprius Technologies Inc has a market cap of $345.97 million and is expected to release its quarterly earnings report in June.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 12.38M, with a low of 11.12M and a high of 14.2M. The median projection represents growth squeezing down to 270.16% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 59.31M, or 145.43% up from figures reported last year.
On the other hand, looking at the outlook for the AMPX stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Amprius Technologies Inc (AMPX) stock as a Hold, while 2 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 20.97% off its SMA20 and 19.81% from its 50-day simple moving average. The RSI (14) is pointing at 63.06 while the volatility over the past week is 8.42% and jumps to 8.40% over the past one month. The beta value is 2.38, while the average true range (ATR) is currently pointing at 0.23.
