Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) CEO Kang Sun sold 33,333 shares of Amprius Technologies stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $1.04, for a total value of $34,666.32. Following the completion of the transaction, the chief executive officer now directly owns 1,350,753 shares in the company, valued at $1,404,783.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Amprius Technologies Stock Down 0.9 %
AMPX stock opened at $1.07 on Friday. Amprius Technologies, Inc. has a twelve month low of $1.01 and a twelve month high of $6.02. The stock’s 50 day moving average is $1.20 and its 200-day moving average is $1.97. The firm has a market capitalization of $115.52 million, a PE ratio of -2.49 and a beta of 2.71.
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.02). The business had revenue of $3.35 million for the quarter, compared to the consensus estimate of $2.45 million. Amprius Technologies had a negative return on equity of 59.58% and a negative net margin of 350.70%. During the same quarter in the previous year, the firm earned ($0.11) earnings per share. On average, equities research analysts anticipate that Amprius Technologies, Inc. will post -0.43 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Amprius Technologies
Analyst Ratings Changes
A number of equities analysts recently commented on the company. HC Wainwright reaffirmed a “buy” rating and issued a $10.00 price objective on shares of Amprius Technologies in a research note on Monday, August 12th. Oppenheimer cut their price target on Amprius Technologies from $15.00 to $14.00 and set an “outperform” rating on the stock in a report on Friday, August 9th. Northland Securities cut their price target on Amprius Technologies from $10.00 to $4.00 and set an “outperform” rating on the stock in a report on Tuesday, August 13th. Roth Mkm cut their price target on Amprius Technologies from $10.00 to $6.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Finally, Alliance Global Partners cut their price target on Amprius Technologies from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Friday, May 10th. One analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Amprius Technologies presently has an average rating of “Buy” and a consensus target price of $8.17.
Get Our Latest Analysis on AMPX
Amprius Technologies Company Profile
Amprius Technologies, Inc produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.
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