Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Ambarella Inc (NASDAQ: AMBA) closed the day trading at $69.32 down -2.48% from the previous closing price of $71.08. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 0.55 million shares were traded. AMBA stock price reached its highest trading level at $71.375 during the session, while it also had its lowest trading level at $68.84.
Ratios:
For a better understanding of AMBA, let’s look at its different ratios. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on November 27, 2024, Reiterated its Buy rating but revised its target price to $100 from $90 previously.
On August 28, 2024, TD Cowen reiterated its Hold rating and also lowered its target price recommendation from $65 to $75.
Wells Fargo Downgraded its Overweight to Equal Weight on January 03, 2024, whereas the target price for the stock was revised from $85 to $65.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 02 ’24 when Day Christopher sold 1,278 shares for $71.61 per share. The transaction valued at 91,511 led to the insider holds 17,188 shares of the business.
Day Christopher bought 1,278 shares of AMBA for $91,511 on Dec 02 ’24. On Oct 03 ’24, another insider, Day Christopher, who serves as the VP, Marketing of the company, sold 2,904 shares for $58.00 each. As a result, the insider received 168,432 and left with 18,466 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 2933788672 and an Enterprise Value of 2610536192. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.33 while its Price-to-Book (P/B) ratio in mrq is 5.23. 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 15.10%, while the 200-Day Moving Average is calculated to be 28.70%.
Shares Statistics:
Over the past 3-months, AMBA traded about 548.45K shares per day on average, while over the past 10 days, AMBA traded about 1391000 shares per day. A total of 41.27M shares are outstanding, with a floating share count of 38.80M. Insiders hold about 5.99% of the company’s shares, while institutions hold 80.49% stake in the company. Shares short for AMBA as of 1731628800 were 1425341 with a Short Ratio of 2.60, compared to 1728950400 on 1372778. Therefore, it implies a Short% of Shares Outstanding of 1425341 and a Short% of Float of 4.0700004.
