Amprius Technologies (AMPX) Set to Announce Earnings on Thursday

Amprius Technologies (NYSE:AMPX - Get Free Report) is scheduled to announce its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Amprius Technologies (NYSE:AMPX - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.02). The firm had revenue of $3.35 million for the quarter, compared to analysts' expectations of $2.45 million. Amprius Technologies had a negative net margin of 327.05% and a negative return on equity of 64.85%. During the same period in the previous year, the firm posted ($0.11) EPS. On average, analysts expect Amprius Technologies to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Amprius Technologies Trading Down 10.9 %

Amprius Technologies stock traded down $0.17 during mid-day trading on Thursday, hitting $1.35. The company's stock had a trading volume of 1,765,976 shares, compared to its average volume of 875,697. The stock's fifty day moving average is $1.12 and its two-hundred day moving average is $1.30. The firm has a market capitalization of $149.36 million, a PE ratio of -3.00 and a beta of 2.71. Amprius Technologies has a 1 year low of $0.61 and a 1 year high of $6.02.

Insider Buying and Selling at Amprius Technologies

In related news, Director Justin E. Mirro sold 135,000 shares of Amprius Technologies stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $1.00, for a total transaction of $135,000.00. Following the completion of the sale, the director now owns 1,510,000 shares in the company, valued at approximately $1,510,000. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Amprius Technologies news, Director Justin E. Mirro sold 135,000 shares of Amprius Technologies stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $1.00, for a total value of $135,000.00. Following the transaction, the director now owns 1,510,000 shares in the company, valued at $1,510,000. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Justin E. Mirro sold 250,000 shares of the firm's stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $0.81, for a total transaction of $202,500.00. Following the completion of the transaction, the director now owns 1,195,000 shares in the company, valued at $967,950. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 469,683 shares of company stock valued at $425,318 over the last quarter. Corporate insiders own 12.80% of the company's stock.

Analyst Ratings Changes

AMPX has been the topic of a number of research analyst reports. Northland Capmk raised shares of Amprius Technologies to a "strong-buy" rating in a research note on Wednesday, October 2nd. HC Wainwright restated a "buy" rating and set a $10.00 price target on shares of Amprius Technologies in a research report on Monday, August 12th. Oppenheimer cut their price objective on Amprius Technologies from $15.00 to $14.00 and set an "outperform" rating on the stock in a report on Friday, August 9th. Roth Mkm lowered their target price on Amprius Technologies from $10.00 to $6.00 and set a "buy" rating for the company in a report on Friday, August 9th. Finally, Northland Securities decreased their target price on Amprius Technologies from $10.00 to $4.00 and set an "outperform" rating for the company in a report on Tuesday, August 13th. One research analyst has rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $8.17.

About Amprius Technologies

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.