With 0.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.49 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $11.46 whereas the lowest price it dropped to was $11.09. The 52-week range on AMBC shows that it touched its highest point at $18.45 and its lowest point at $10.12 during that stretch. It currently has a 1-year price target of $17.00. Beta for the stock currently stands at 1.23.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMBC was up-trending over the past week, with a rise of 0.63%, but this was down by -4.02% over a month. Three-month performance dropped to -10.39% while six-month performance fell -27.63%. The stock lost -7.81% in the past year, while it has lost -31.98% so far this year. A look at the trailing 12-month EPS for AMBC yields 1.58 with Next year EPS estimates of 0.07. For the next quarter, that number is 0.08. This implies an EPS growth rate of -48.97% for this year and -93.50% for next year. EPS is expected to grow by 11.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -46.68%.
Float and Shares Shorts:
At present, 45.20 million AMBC shares are outstanding with a float of 42.53 million shares on hand for trading. On 2024-09-13, short shares totaled 2.66 million, which was 559.99998 higher than short shares on 1723680000. In addition to Mr. Claude L. LeBlanc as the firm’s President, CEO & Director, Mr. David Trick serves as its Executive VP, CFO & Treasurer.
Institutional Ownership:
Through their ownership of 0.83586 of AMBC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMBC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
