American Superconductor (NASDAQ:AMSC) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

American Superconductor Corporation (NASDAQ:AMSC) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.73 and traded as high as $42.93. American Superconductor shares last traded at $41.93, with a volume of 1,558,121 shares.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AMSC shares. Weiss Ratings reissued a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. Zacks Research downgraded shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Finally, Wall Street Zen downgraded shares of American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, American Superconductor presently has a consensus rating of “Hold”.

American Superconductor Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.66 and a quick ratio of 1.80. The company’s 50-day simple moving average is $33.96 and its 200-day simple moving average is $36.87. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 15.75 and a beta of 2.97.

American Superconductor (NASDAQ:AMSC) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $2.60. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The company had revenue of $74.53 million during the quarter, compared to the consensus estimate of $69.03 million. During the same quarter last year, the company earned $0.16 earnings per share. American Superconductor’s revenue for the quarter was up 21.4% on a year-over-year basis. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. On average, equities research analysts anticipate that American Superconductor Corporation will post 3.09 EPS for the current year.

Institutional Trading of American Superconductor

Several large investors have recently bought and sold shares of AMSC. Royal Bank of Canada grew its position in American Superconductor by 27.5% in the first quarter. Royal Bank of Canada now owns 26,190 shares of the technology company’s stock valued at $475,000 after acquiring an additional 5,647 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in American Superconductor by 13.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,295 shares of the technology company’s stock valued at $459,000 after acquiring an additional 2,989 shares in the last quarter. Millennium Management LLC grew its position in American Superconductor by 878.5% in the first quarter. Millennium Management LLC now owns 225,682 shares of the technology company’s stock valued at $4,094,000 after acquiring an additional 202,617 shares in the last quarter. Goldman Sachs Group Inc. grew its position in American Superconductor by 54.6% in the first quarter. Goldman Sachs Group Inc. now owns 481,961 shares of the technology company’s stock valued at $8,743,000 after acquiring an additional 170,243 shares in the last quarter. Finally, Creative Planning acquired a new stake in American Superconductor in the second quarter valued at approximately $208,000. Institutional investors and hedge funds own 52.28% of the company’s stock.

American Superconductor Company Profile

American Superconductor Corporation (NASDAQ:AMSC) is a technology company specializing in power electronics and high-temperature superconductor systems. Founded in 1987 and headquartered in Devens, Massachusetts, AMSC develops hardware and software solutions aimed at improving the efficiency, reliability and stability of electric power systems and renewable energy infrastructure. The company’s engineering expertise spans from the lab scale to full commercial deployment, with a focus on tackling grid integration challenges for utilities and independent power producers.

AMSC’s portfolio includes superconducting wire and cryogenic systems, power grid stabilization devices, and turnkey wind turbine electronics.