Shares of American Superconductor Corporation (NASDAQ:AMSC) rose by 3.92% in the past week and 36.99% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 4.78% and the outperformance increases to 40.19% for the last 4 weeks.
American Superconductor Corporation is up 49.53% in the last 3-month period. Year-to-Date the stock performance stands at -13.92%.
Shares of American Superconductor Corporation (NASDAQ:AMSC) ended Thursday session in red amid volatile trading. The shares closed down 0.44 points or 6.46% at $6.37 with 196,040 shares getting traded. Post opening the session at $7.01, the shares hit an intraday low of $6.33 and an intraday high of $7.26 and the price vacillated in this range throughout the day. The company has a market cap of $89 million and the number of outstanding shares have been calculated to be 14,001,658 shares. The 52-week high of American Superconductor Corporation (NASDAQ:AMSC) is $10.89 and the 52-week low is $3.26.
Currently the company Insiders own 3.5% of American Superconductor Corporation shares according to the proxy statements. Institutional Investors own 19.83% of American Superconductor Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -0.94%. On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP, CFO & Treasurer) of American Superconductor Corp /De/, Henry David A had sold 929 shares worth of $4,710 in a transaction dated July 31, 2015. In this transaction, 929 shares were sold at $5.07 per share.
American Superconductor Corporation (AMSC) is a provider of megawatt-scale solutions that lower the cost of wind power and enhance the performance of the power grid. It operates in two business units: Wind and Grid. Wind business segment enables manufacturers to field wind turbines with power output, reliability and affordability. Grid business segment enables electric utilities and renewable energy project developers to connect, transmit and distribute power with efficiency, reliability and affordability. The Companys wind and power grid products and services provide reliability, security, efficiency and affordability to its customers. The Company manufactures products using two core technologies: PowerModule programmable power electronic converters and its Amperium HTS (High Temperature Superconductor) wires.