For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Ambarella Inc (NASDAQ: AMBA) was $69.75 for the day, down -5.53% from the previous closing price of $73.83. In other words, the price has decreased by -$5.53 from its previous closing price. On the day, 0.55 million shares were traded. AMBA stock price reached its highest trading level at $75.675 during the session, while it also had its lowest trading level at $68.35.
Ratios:
Our analysis of AMBA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 2.84. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On November 27, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $90 to $100.
TD Cowen reiterated its Hold rating for the stock on August 28, 2024, while the target price for the stock was revised from $65 to $75.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 18 ’24 when Day Christopher bought 929 shares for $75.40 per share.
Schwarting Elizabeth M bought 253 shares of AMBA for $18,103 on Dec 18 ’24. On Dec 16 ’24, another insider, Young John Alexander, who serves as the CFO of the company, sold 2,136 shares for $75.41 each. As a result, the insider received 161,076 and left with 101,393 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMBA now has a Market Capitalization of 2908714496 and an Enterprise Value of 2610536192. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.52 while its Price-to-Book (P/B) ratio in mrq is 5.24. Its current Enterprise Value per Revenue stands at 11.844 whereas that against EBITDA is -17.894.
Stock Price History:
Over the past 52 weeks, AMBA has reached a high of $81.32, while it has fallen to a 52-week low of $39.69. The 50-Day Moving Average of the stock is 10.32%, while the 200-Day Moving Average is calculated to be 27.74%.
Shares Statistics:
AMBA traded an average of 559.94K shares per day over the past three months and 645930 shares per day over the past ten days. A total of 41.67M shares are outstanding, with a floating share count of 39.21M. Insiders hold about 5.97% of the company’s shares, while institutions hold 79.64% stake in the company. Shares short for AMBA as of 1731628800 were 1425341 with a Short Ratio of 2.74, compared to 1728950400 on 1372778. Therefore, it implies a Short% of Shares Outstanding of 1425341 and a Short% of Float of 4.0700004.