Recent Change of 30.36% in the Amplify Energy Corp. (AMPY) market price might lead to pleasant surprises

Amplify Energy Corp. (AMPY) is priced at $1.46 after the most recent trading session. At the very opening of the session, the stock price was $1.18 and reached a high price of $1.46, prior to closing the session it reached the value of $1.12. The stock touched a low price of $1.14.

Recently in News on June 15, 2020, Amplify Energy Announces Results of Borrowing Base Redetermination and Provides Liquidity Update. Amplify Energy Corp. (AMPY) (“Amplify” or the “Company”) announced today that it has completed the regularly scheduled redetermination of its revolving credit facility borrowing base and entered into an amendment to its credit agreement. The redetermination resulted in a revised borrowing base of $285 million effective immediately with scheduled monthly reductions of $5 million until the borrowing base reaches $260 million on November 1, 2020. The next regularly scheduled borrowing base redetermination is expected to occur in November 2020. You can read further details here

Amplify Energy Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $7.5800 on 01/17/20, with the lowest value was $0.4925 for the same time period, recorded on 03/18/20.

Amplify Energy Corp. (AMPY) full year performance was -74.25%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Amplify Energy Corp. shares are logging -81.54% during the 52-week period from high price, and 196.45% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.49 and $7.91.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 1829999 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Amplify Energy Corp. (AMPY) recorded performance in the market was -77.91%, having the revenues showcasing 87.42% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 50.40M, as it employees total of 230 workers.

Amplify Energy Corp. (AMPY) in the eye of market guru’s

During the last month, 1 analysts gave the Amplify Energy Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.4122, with a change in the price was noted -4.0500. In a similar fashion, Amplify Energy Corp. posted a movement of -73.50% for the period of last 100 days, recording 824,651 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AMPY is recording 4.67 at the time of this writing. In addition, long term Debt to Equity ratio is set at 4.67.

Amplify Energy Corp. (AMPY): Stocks Technical analysis and Trends

Raw Stochastic average of Amplify Energy Corp. in the period of last 50 days is set at 35.00%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 51.35%. In the last 20 days, the company’s Stochastic %K was 20.55% and its Stochastic %D was recorded 12.26%.

If we look into the earlier routines of Amplify Energy Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -77.91%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -79.64%, alongside a downfall of -74.25% for the period of the last 12 months. The shares increased approximately by 25.86% in the 7-day charts and went up by -19.34% in the period of the last 30 days. Common stock shares were driven by 87.42% during last recorded quarter.