AMPH
Amphastar Pharmaceuticals, Inc. Healthcare - Drug Manufacturers - Specialty & Generic Investor Relations →
Amphastar Pharmaceuticals, Inc. (AMPH) closed at $29.26 as of 2026-02-02, trading 22.6% below its 200-week moving average of $37.83. This places AMPH in the extreme value zone. The stock moved further from the line this week, up from -30.1% last week. The 14-week RSI sits at 61, indicating neutral momentum.
Over the past 558 weeks of data, AMPH has crossed below its 200-week moving average 14 times. On average, these episodes lasted 10 weeks. Historically, investors who bought AMPH at the start of these episodes saw an average one-year return of +42.2%.
With a market cap of $1360 million, AMPH is a small-cap stock. The company generates a free cash flow yield of 8.2%, which is notably high. Return on equity stands at 14.8%. The stock trades at 1.8x book value.
This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 10.8 years, a hypothetical investment of $100 in AMPH would have grown to $170, compared to $402 for the S&P 500. AMPH has returned 5.0% annualized vs 13.8% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 34.7% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: AMPH vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After AMPH Crosses Below the Line?
Across 14 historical episodes, buying AMPH when it crossed below its 200-week moving average produced an average return of +30.3% after 12 months (median +34.0%), compared to +13.1% for the S&P 500 over the same periods. 86% of those episodes were profitable after one year. After 24 months, the average return was +73.6% vs +22.2% for the index.
Each line shows $100 invested at the moment AMPH crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
AMPH has crossed below its 200-week MA 14 times with an average 1-year return of +42.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2015 | Nov 2015 | 6 | 12.3% | +76.1% | +156.7% |
| Jan 2016 | May 2016 | 18 | 15.0% | +41.5% | +126.3% |
| Mar 2017 | Mar 2017 | 2 | 4.1% | +44.8% | +112.8% |
| May 2018 | May 2018 | 1 | 3.0% | +50.3% | +96.2% |
| Jun 2018 | Jul 2018 | 1 | 2.1% | +38.3% | +91.7% |
| Nov 2019 | Nov 2019 | 2 | 4.5% | +12.5% | +69.9% |
| Feb 2020 | May 2020 | 14 | 31.8% | +1.1% | +60.1% |
| Sep 2020 | Sep 2020 | 1 | 3.6% | +3.8% | +62.3% |
| Nov 2020 | Dec 2020 | 4 | 3.4% | +11.7% | +59.4% |
| Jan 2021 | May 2021 | 17 | 9.2% | +35.7% | +56.6% |
| May 2021 | Jun 2021 | 2 | 1.6% | +105.4% | +54.7% |
| Aug 2021 | Sep 2021 | 6 | 7.5% | +78.7% | +54.9% |
| Oct 2021 | Nov 2021 | 3 | 3.2% | +49.3% | +53.1% |
| Dec 2024 | Ongoing | 58+ | 45.2% | Ongoing | -19.4% |
| Average | 10 | — | +42.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02