Quantinno Capital Management LP Invests $76,000 in Amplify Energy Corp. (NYSE:AMPY)

Quantinno Capital Management LP bought a new stake in shares of Amplify Energy Corp. (NYSE:AMPY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 11,564 shares of the company’s stock, valued at approximately $76,000.

Several other institutional investors and hedge funds have also bought and sold shares of AMPY. Innealta Capital LLC acquired a new position in shares of Amplify Energy during the second quarter valued at about $26,000. Quarry LP bought a new stake in Amplify Energy in the 3rd quarter valued at about $43,000. Quest Partners LLC bought a new position in Amplify Energy in the third quarter worth approximately $45,000. nVerses Capital LLC acquired a new stake in Amplify Energy in the second quarter valued at approximately $52,000. Finally, Creative Planning bought a new stake in shares of Amplify Energy during the third quarter valued at approximately $67,000. 42.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Benchmark reissued a “buy” rating and issued a $11.00 price target on shares of Amplify Energy in a research report on Wednesday, October 16th.

Amplify Energy Stock Performance

Shares of AMPY opened at $6.12 on Wednesday. The firm has a market capitalization of $243.19 million, a P/E ratio of 3.97 and a beta of 1.95. Amplify Energy Corp. has a 52 week low of $3.56 and a 52 week high of $8.15. The stock has a 50 day moving average price of $6.63 and a two-hundred day moving average price of $6.71. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.06 and a current ratio of 1.06.

Amplify Energy Profile

Amplify Energy Corp., together with its subsidiaries, engages in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company’s properties consist of operated and non-operated working interests in producing and undeveloped leasehold acreage, as well as working interests in identified producing wells located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.