In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Ambarella Inc (NASDAQ: AMBA) closed at $61.43 down -2.22% from its previous closing price of $62.83. In other words, the price has decreased by -$2.22 from its previous closing price. On the day, 1.96 million shares were traded.
Ratios:
For a deeper understanding of Ambarella Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.36 and its Current Ratio is at 2.65. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 16 ’25 when Lee Chan W sold 1,000 shares for $77.21 per share. The transaction valued at 77,210 led to the insider holds 109,918 shares of the business.
Lee Chan W sold 1,000 shares of AMBA for $75,900 on Jan 15 ’25. The Chief Operating Officer now owns 110,918 shares after completing the transaction at $75.90 per share. On Jan 16 ’25, another insider, Lee Chan W, who serves as the Officer of the company, bought 1,000 shares for $77.21 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 8.99 while its Price-to-Book (P/B) ratio in mrq is 4.62.
Stock Price History:
Over the past 52 weeks, AMBA has reached a high of $85.15, while it has fallen to a 52-week low of $39.69. The 50-Day Moving Average of the stock is -18.77%, while the 200-Day Moving Average is calculated to be 0.57%.
Shares Statistics:
A total of 41.70M shares are outstanding, with a floating share count of 39.26M. Insiders hold about 5.85% of the company’s shares, while institutions hold 81.75% stake in the company.
