Altus Power (NYSE:AMPS – Get Free Report) is anticipated to release its earnings data after the market closes on Monday, March 17th. Analysts expect Altus Power to post earnings of ($0.03) per share and revenue of $46.64 million for the quarter.
Altus Power Stock Performance
Shares of AMPS stock opened at $4.95 on Friday. Altus Power has a one year low of $2.71 and a one year high of $5.50. The firm has a 50-day moving average of $4.45 and a 200-day moving average of $3.88. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.60 and a quick ratio of 0.60. The company has a market cap of $795.14 million, a P/E ratio of 22.48 and a beta of 0.98.
Insider Activity
In other news, CEO Gregg J. Felton sold 71,161 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $4.91, for a total value of $349,400.51. Following the completion of the sale, the chief executive officer now directly owns 4,023,696 shares in the company, valued at $19,756,347.36. The trade was a 1.74 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Anthony Savino sold 8,823 shares of the business’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $4.91, for a total value of $43,320.93. Following the sale, the insider now owns 4,088,231 shares of the company’s stock, valued at $20,073,214.21. The trade was a 0.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 89,146 shares of company stock worth $437,707. 24.30% of the stock is currently owned by insiders.
Analysts Set New Price Targets
Get Our Latest Research Report on AMPS
About Altus Power
Altus Power, Inc, a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. It serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc was founded in 2013 and is headquartered in Stamford, Connecticut.
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