Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, AMBAC Financial Group Inc’s stock clocked out at $7.75, up 3.06% from its previous closing price of $7.52. In other words, the price has increased by $3.06 from its previous closing price. On the day, 0.73 million shares were traded. AMBC stock price reached its highest trading level at $7.8 during the session, while it also had its lowest trading level at $7.52.
Ratios:
To gain a deeper understanding of AMBC’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 the company, ROTH MKM on September 18, 2024, Upgraded its rating to Buy and sets its target price to $15 from $13 previously.
On August 09, 2023, Compass Point Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $18.
On November 28, 2022, Compass Point started tracking the stock assigning a Neutral rating and target price of $18.Compass Point initiated its Neutral rating on November 28, 2022, with a $18 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 27 ’24 when Matus Kristi Ann bought 6,300 shares for $11.16 per share. The transaction valued at 70,308 led to the insider holds 9,000 shares of the business.
Matus Kristi Ann bought 2,700 shares of AMBC for $30,429 on Sep 26 ’24. The Director now owns 2,700 shares after completing the transaction at $11.27 per share. On Aug 08 ’24, another insider, Smith R Sharon, who serves as the Exec VP & Chief Strategy Offr of the company, bought 1,100 shares for $10.64 each. As a result, the insider paid 11,704 and bolstered with 74,707 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, AMBC now has a Market Capitalization of 395956800 and an Enterprise Value of 711327936. As of this moment, AMBAC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.34, and their Forward P/E ratio for the next fiscal year is 25.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.02 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 2.955 whereas that against EBITDA is 184.33.
Stock Price History:
The Beta on a monthly basis for AMBC is 0.88, which has changed by -0.46881425 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, AMBC has reached a high of $18.45, while it has fallen to a 52-week low of $6.33. The 50-Day Moving Average of the stock is -12.61%, while the 200-Day Moving Average is calculated to be -29.96%.
Shares Statistics:
It appears that AMBC traded 1.13M shares on average per day over the past three months and 1024060 shares per day over the past ten days. A total of 46.51M shares are outstanding, with a floating share count of 46.49M. Insiders hold about 9.01% of the company’s shares, while institutions hold 81.35% stake in the company. Shares short for AMBC as of 1743379200 were 2338111 with a Short Ratio of 2.07, compared to 1740700800 on 2862022. Therefore, it implies a Short% of Shares Outstanding of 2338111 and a Short% of Float of 7.239999599999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
