Trading Day Review: AMBAC Financial Group Inc. (AMBC) Loses Momentum, Closing at 13.81

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The price of AMBAC Financial Group Inc. (NYSE: AMBC) closed at $13.81 in the last session, down -19.85% from day before closing price of $17.23. In other words, the price has decreased by -$19.85 from its previous closing price. On the day, 1.88 million shares were traded. AMBC stock price reached its highest trading level at $18.4 during the session, while it also had its lowest trading level at $13.68.

Ratios:

We take a closer look at AMBC’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 2.52 whereas as Long-Term Debt/Eq ratio is at 2.52.

On November 28, 2022, Compass Point started tracking the stock assigning a Neutral rating and target price of $18.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 01 ’23 when LeBlanc Claude bought 2,500 shares for $13.29 per share. The transaction valued at 33,225 led to the insider holds 502,416 shares of the business.

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 624557248 and an Enterprise Value of 4679556608. As of this moment, AMBAC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.49, and their Forward P/E ratio for the next fiscal year is 16.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.99 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 15.095 whereas that against EBITDA is 29.247.

Stock Price History:

Over the past 52 weeks, AMBC has reached a high of $18.45, while it has fallen to a 52-week low of $11.26. The 50-Day Moving Average of the stock is -14.10%, while the 200-Day Moving Average is calculated to be -6.85%.

Shares Statistics:

According to the various share statistics, AMBC traded on average about 394.37K shares per day over the past 3-months and 513990 shares per day over the past 10 days. A total of 45.20M shares are outstanding, with a floating share count of 41.10M. Insiders hold about 9.11% of the company’s shares, while institutions hold 84.74% stake in the company. Shares short for AMBC as of 1715731200 were 2477820 with a Short Ratio of 6.28, compared to 1713139200 on 1914982. Therefore, it implies a Short% of Shares Outstanding of 2477820 and a Short% of Float of 7.93.

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