Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Altus Power Inc’s current trading price is -10.00% away from its 52-week high, while its distance from the 52-week low is 82.66%. The stock’s price range over this period has fluctuated between $2.71 and $5.50. The company, operating within the financial sector, had a trading volume of approximately 3.13 million for the day, which was noticeably lower than the average daily share volume of 3.14 million over the last 3 months.
Altus Power Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $5.50 on 05/10/24 and the lowest value was $2.71 on 10/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Altus Power Inc (AMPS) has experienced a quarterly rise of 19.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 794.09M and boasts a workforce of 113 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.30, with a change in price of +1.30. Similarly, Altus Power Inc recorded 2,464,634 in trading volume during the last 100 days, posting a change of +35.62%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for AMPS stands at 3.46. Similarly, the long-term debt-to-equity ratio is also 3.05.
AMPS Stock Stochastic Average
Today, Altus Power Inc’s raw stochastic average for the past 50 days stands at 98.81%, indicating a rise from the raw stochastic average of the last 20 days, which was 71.43%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 76.19% and 69.84% respectively.
AMPS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 21.62% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 55.66%. Over the past 30 days, the price of AMPS has fallen by 0.41%. And in the last five days, it has fallen by -0.20%.
