The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Amer Sports Inc’s current trading price is -4.03% away from its 52-week high, while its distance from the 52-week low is 281.67%. The stock’s price range for this period has been between $10.11 and $40.21 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 1.22 million for the day, a number notably lower than the average daily volume of 4.5 million over the last three months.
At present, Amer Sports Inc (AS) has a stock price of $38.59. In the previous session, the stock saw a rise, peaking at $50.0 after an opening price of $38.56. The day’s lowest price was $24.0, and it closed at $39.15.
The market performance of Amer Sports Inc’s stock has been harmonious in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Amer Sports Inc (AS) has experienced a quarterly rise of 72.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.37B and boasts a workforce of 13400 employees.
Amer Sports Inc: What Analysts Are Saying
As of right now, 14 analysts are rating Amer Sports Inc as a BUY, 5 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 31.14, with a change in price of +9.80. Similarly, Amer Sports Inc recorded 4,443,851 in trading volume during the last 100 days, posting a change of +34.27%.
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 AS stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.24.
AS Stock Stochastic Average
As of today, Amer Sports Inc’s raw stochastic average for the last 50 days stands at 87.51%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 57.25%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 70.28% and 75.35%, respectively.
AS Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 244.22%.However, over the last six months, we can see a weaker performance of 30.58%. Over the last 30 days, the price of AS has fallen by 7.01%. And in the last five days, it has surged by 1.17%.