Amprius Technologies (NYSE:AMPX) Trading 1.5% Higher

Amprius Technologies, Inc. (NYSE:AMPXGet Rating)’s stock price shot up 1.5% during trading on Tuesday . The company traded as high as $10.98 and last traded at $10.48. 258,742 shares were traded during mid-day trading, a decline of 89% from the average session volume of 2,456,890 shares. The stock had previously closed at $10.33.

Analyst Ratings Changes

A number of brokerages have recently commented on AMPX. Oppenheimer began coverage on Amprius Technologies in a research report on Thursday, October 13th. They issued an “outperform” rating and a $14.00 price objective for the company. EF Hutton Acquisition Co. I began coverage on Amprius Technologies in a research note on Friday, October 28th. They set a “buy” rating and a $14.00 price objective on the stock.

Amprius Technologies Trading Up 1.5 %

The stock has a 50-day simple moving average of $9.93.

Hedge Funds Weigh In On Amprius Technologies

Institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new position in shares of Amprius Technologies in the third quarter valued at about $474,000. Citadel Advisors LLC purchased a new position in Amprius Technologies during the 3rd quarter worth $118,000. Cubist Systematic Strategies LLC bought a new stake in shares of Amprius Technologies during the 3rd quarter worth $114,000. Finally, ExodusPoint Capital Management LP bought a new stake in Amprius Technologies in the 3rd quarter valued at about $182,000.

Amprius Technologies Company Profile

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Amprius Technologies, Inc produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries for use in the aerospace, defense, and electric vehicle applications. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.

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