With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.6 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $11.17 whereas the lowest price it dropped to was $10.8197. 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 1.26.
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 down-trending over the past week, with a drop of -10.46%, but this was down by -15.66% over a month. Three-month performance dropped to -0.27% while six-month performance fell -12.03%. The stock lost -30.83% in the past year, while it has lost -12.73% so far this year. A look at the trailing 12-month EPS for AMBC yields -0.46 with Next year EPS estimates of -0.20. For the next quarter, that number is 0.06. This implies an EPS growth rate of -71.56% for this year and -133.33% for next year.
Float and Shares Shorts:
At present, 47.44 million AMBC shares are outstanding with a float of 42.61 million shares on hand for trading. On 2024-12-31, short shares totaled 4.05 million, which was 854.0000000000001 higher than short shares on 1732838400. In addition to Mr. Claude L. LeBlanc CPA as the firm’s President, CEO & Director, Mr. David Trick serves as its Executive VP, CFO & Treasurer.
Institutional Ownership:
Through their ownership of 0.87702006 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 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AMBC analysts setting a high price target of 19.0 and a low target of 15.0, the average target price over the next 12 months is 17.0. Based on these targets, AMBC could surge 72.1% to reach the target high and rise by 35.87% to reach the target low. Reaching the average price target will result in a growth of 53.99% from current levels.
Analysts have provided yearly estimates in a range of $0.6 being high and $0.6 being low. For AMBC, this leads to a yearly average estimate of $0.6. Based on analyst estimates, the high estimate for the next quarter is -$0.07 and the low estimate is -$0.07. The average estimate for the next quarter is thus -$0.07.
