There Is A Quest For Clarity Surrounding Altus Power Inc (NYSE: AMPS) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Altus Power to Participate at Upcoming Consumer Electronics Show, the CRREM – UN Environment Programme Finance Initiative Webinar Series and the Needham Growth Conference.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Utilities – Renewable industry segment, falling under the Utilities sector. The current market capitalization of Altus Power Inc is $904.65M. A total of 1.09 million shares were traded on the day, compared to an average of 1.16M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, AMPS has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 29 BUYs and 11 SELLs from insiders. Insiders purchased 3,649,403 shares during that period but sold 3,064,195.

In the most recent transaction, NORELL LARS sold 40,000 shares of AMPS for 6.81 per share on Jan 02. After the transaction, the CO-FOUNDER CO-CEO CO-PRESIDENT now owns 21,694,907 company shares. In a previous transaction on Dec 28, Weber Dustin sold 21,000 shares at 7.03 per share. AMPS shares that CHIEF FINANCIAL OFFICER owns now total 1,889,276.

Among the insiders who sold shares, Weber Dustin disposed of 50,000 shares on Dec 14 at a per-share price of $6.38. This resulted in the CHIEF FINANCIAL OFFICER holding 1,910,276 shares of AMPS after the transaction. In another insider transaction, NORELL LARS sold 40,000 shares at $5.15 per share on Dec 01. Company shares held by the CO-FOUNDER CO-CEO CO-PRESIDENT now total 21,734,907.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, AMPS has a high of $8.52 and a low of $4.08.

As of this writing, AMPS has an earnings estimate of -$0.01 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.03 per share and a lower estimate of -$0.04. The company reported an EPS of $0.04 in the last quarter, which was 33.30% higher than expectations of $0.03.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AMPS’s latest balance sheet shows that the firm has $325.98M in Cash & Short Term Investments as of fiscal 2021. There were $545.98M in debt and $32.89M in liabilities at the time. Its Book Value Per Share was $2.93, while its Total Shareholder’s Equity was $341.54M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AMPS is Buy with a score of 5.00.

Most Popular

Related Posts