ROTH Capital has recently resumed American Superconductor Corporation (AMSC) stock to Buy rating, as announced on June 3, 2022, according to Finviz. Earlier, on November 6, 2020, Canaccord Genuity had reduced the stock from a Buy to Hold, setting a price target of $16. Canaccord Genuity also initiated Buy rating with a price target of $13. Additionally, B. Riley FBR, Inc. resumed Neutral rating on July 6, 2018, with a target price of $7. FBR & Co. analysts, in their report published on July 21, 2017, also reduced Mkt Perform rating and set a price target of $9 for American Superconductor Corporation’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
American Superconductor Corporation (AMSC) Stock Trading Recap
On Monday, American Superconductor Corporation (AMSC) stock saw a decline, ending the day at $23.85 which represents a decrease of $-1.07 or -4.29% from the prior close of $24.92. The stock opened at $24.91 and touched a low of $22.37 during the day, reaching a high of $24.91. The volume of shares traded was 1.70 million exceeding the average volume of 1.01 million.
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AMSC Stock Performance and Moving Averages
In recent trading, American Superconductor Corporation (AMSC) stock price has shown some volatility, fluctuating 0.17% over the last five trades and 8.26% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 103.15%, and it has plunged by -17.13% in the previous three months. Currently, AMSC is trading at 2.00%, 9.28%, and 32.84% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, AMSC, a Industrials sector stock, is trading -27.06% below its 52-week high but remains 312.99% above its 52-week low. The Average True Range (ATR) (14 days) of 1.97 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
American Superconductor Corporation’s Profitability and Valuation Ratios
American Superconductor Corporation’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -1.19% and a profit margin of -5.29%, with a gross margin of 103.15%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, American Superconductor Corporation’s market capitalization stands at $913.46 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 48.34. Additionally, the Price-to-Sales Ratio is 5.87, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 6.22, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 4.67% of American Superconductor Corporation (AMSC)’s shares, while financial institutions hold 70.56%.
Notable insider trades include McGahn Daniel P, Chairman, President and CEO at American Superconductor Corporation (AMSC), who sold 37165 shares on Jun 11 ’24, at $21.69 each, totaling $0.81 million. On Jun 11 ’24, Kosiba John W JR, SVP, CFO & Treasurer, sold 32000 shares for $21.68 each, amounting to $0.69 million. Additionally, on May 21 ’24, Kosiba John W JR sold 29000 shares at $14.82 each, generating $0.43 million.
