Overall market sentiment has been neutral on Amplify Energy Corp (AMPY) stock lately. AMPY receives a Neutral rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With AMPY Stock Today?
Amplify Energy Corp (AMPY) stock is higher by 4.92% while the S&P 500 is lower by -0.16% as of 9:58 AM on Wednesday, Mar 3. AMPY is higher by $0.15 from the previous closing price of $3.05 on volume of 47,020 shares. Over the past year the S&P 500 has risen 25.04% while AMPY is lower by -26.44%. AMPY lost -$12.05 per share in the over the last 12 months.
More About Amplify Energy Corp
Amplify Energy Corp is an upstream company focused on the acquisition, production, and development of oil and gas properties in the United States. Its properties consist of mature, legacy oil and natural gas fields. Its assets consist primarily of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and South Texas.