Amprius Technologies, Inc. (NYSE:AMPX – Get Free Report) Director Justin E. Mirro sold 280,000 shares of the business’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $1.30, for a total value of $364,000.00. Following the completion of the transaction, the director now owns 1,715,000 shares in the company, valued at $2,229,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Amprius Technologies Stock Performance
Amprius Technologies stock opened at $1.09 on Friday. The company’s 50-day moving average price is $1.63 and its 200-day moving average price is $3.01. Amprius Technologies, Inc. has a twelve month low of $1.08 and a twelve month high of $9.51.
Amprius Technologies (NYSE:AMPX – Get Free Report) last released its quarterly earnings results on Thursday, May 9th. The company reported ($0.11) EPS for the quarter, hitting the consensus estimate of ($0.11). Amprius Technologies had a negative return on equity of 59.58% and a negative net margin of 350.70%. The company had revenue of $2.34 million during the quarter, compared to analyst estimates of $1.70 million. During the same quarter last year, the business posted ($0.11) earnings per share. As a group, equities analysts forecast that Amprius Technologies, Inc. will post -0.44 EPS for the current year.
Hedge Funds Weigh In On Amprius Technologies
Analyst Ratings Changes
Several brokerages recently issued reports on AMPX. B. Riley decreased their target price on Amprius Technologies from $8.00 to $6.00 and set a “buy” rating on the stock in a research note on Tuesday, April 30th. Oppenheimer reiterated an “outperform” rating and set a $15.00 price objective on shares of Amprius Technologies in a research report on Friday, March 22nd. Alliance Global Partners dropped their target price on shares of Amprius Technologies from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, May 10th. Finally, HC Wainwright reiterated a “buy” rating and issued a $10.00 price target on shares of Amprius Technologies in a report on Thursday, April 4th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $10.00.
Read 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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