Amprius Technologies (NYSE:AMPX - Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, May 9th. Analysts expect Amprius Technologies to post earnings of ($0.11) per share for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Amprius Technologies (NYSE:AMPX - Get Free Report) last released its quarterly earnings results on Thursday, March 21st. The company reported ($0.11) earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $0.01. The company had revenue of $3.94 million for the quarter, compared to analysts' expectations of $2.60 million. Amprius Technologies had a negative return on equity of 56.74% and a negative net margin of 406.23%. During the same quarter in the previous year, the company posted ($0.07) earnings per share. On average, analysts expect Amprius Technologies to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Amprius Technologies Price Performance
Shares of NYSE AMPX traded up $0.15 during mid-day trading on Thursday, reaching $2.16. 519,805 shares of the company traded hands, compared to its average volume of 612,067. Amprius Technologies has a fifty-two week low of $1.56 and a fifty-two week high of $10.63. The firm has a market cap of $197.86 million, a PE ratio of -5.02 and a beta of 2.96. The stock has a fifty day simple moving average of $2.42 and a 200-day simple moving average of $3.41.
Analyst Ratings Changes
Several research analysts have issued reports on AMPX shares. Roth Mkm started coverage on shares of Amprius Technologies in a research report on Thursday, January 11th. They issued a "buy" rating and a $10.00 price target on the stock. 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. B. Riley lowered their price objective on shares of Amprius Technologies from $8.00 to $6.00 and set a "buy" rating on the stock in a research report on Tuesday. Roth Capital reiterated a "buy" rating on shares of Amprius Technologies in a research report on Thursday, January 11th. Finally, HC Wainwright reissued a "buy" rating and set a $10.00 target price on shares of Amprius Technologies in a research note on Thursday, April 4th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Amprius Technologies has a consensus rating of "Moderate Buy" and an average price target of $10.20.
View Our Latest Report on AMPX
Insider Activity at Amprius Technologies
In related news, insider Jonathan Bornstein sold 150,000 shares of Amprius Technologies stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $4.43, for a total value of $664,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 14.90% of the stock is owned by company insiders.
About Amprius Technologies
(
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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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