Amplitude Inc (AMPL) Shows Downtrend But Still 67.84% Up From Recent Low

Amplitude Inc (AMPL) saw an uptrend of 1072553% in the recent trading with $1380000.0 being its most recent. The current price level -16.87% lower than the highest price of $14.88 marked by the stock while trading over the past 52-weeks, whereas it is 67.84% higher than the lowest price of $7.37 the company dropped to over past 52-weeks. The latest news story on AMPL appeared in (Business Wire) under the title “Battery Ventures Launches The Battery Catalyst Network, Connecting Portfolio Companies with Proven Go-to-Market Operators to Accelerate Growth” on Today.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 5 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.

Amplitude Inc Earnings – What Happened With AMPL

Coming around sales and income figures on AMPL Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

Amplitude Inc – Insider Activity and Holdings

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 98.76 million. AMPL does have institutional investors; and they hold 48.08% of the stock.

As on 2024-06-30, T. ROWE PRICE INVESTMENT MANAGEMENT, INC. was the top most holder in Amplitude Inc (NASDAQ:AMPL) with an ownership of 8.9 million shares of the company or 7.2547 of the stake worth $79.18 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 6.9008 of the outstanding shares. Its stake is worth $75.32 million for having 8.46 million shares in hand.

FMR LLC also came holding a key position in the company during the recent quarter and it now holds 6.5165 of the outstanding shares. With this there are now 256.0 institutions which have possession in AMPL’s shares.

Key Metrics forAMPL

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Amplitude Inc has a debt to equity ratio of 0.02.

Technical Analysis of Amplitude Inc (NASDAQ:AMPL) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Amplitude Inc (AMPL), we notice that the stock’s 20-day average volume is at 1,308,755 shares and 100% of short term indicators are suggesting the stock as Buy. And to end, AMPL’s 100-day average volume is 1,269,177 shares with 100% of the long-term indicators pointing towards Buy for the stock.

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