In a report released today, Jeff Grampp from Northland Securities maintained a Hold rating on Amplify Energy (AMPY). The company’s shares closed last Monday at $0.91, close to its 52-week low of $0.49.
According to TipRanks.com, Grampp is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -44.6% and a 13.8% success rate. Grampp covers the Basic Materials sector, focusing on stocks such as Sundance Energy Australia, Lonestar Resources US, and SilverBow Resources.
Amplify Energy has an analyst consensus of Hold.
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The company has a one-year high of $13.23 and a one-year low of $0.49. Currently, Amplify Energy has an average volume of 341.1K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AMPY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Amplify Energy Corp. engages in the acquisition, development, exploitation, and production of oil and natural gas properties. Its operations are located in large, mature oil, and natural gas reservoirs. The company was founded in March 2017 and is headquartered in Houston, TX.
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