AMBAC Financial Group Inc (AMBC) 20 Days SMA touch 1.00%: Odds are Looking very much in favour

AMBAC Financial Group Inc (NYSE: AMBC) open the trading on Wednesday, with great promise as it jumped 3.47% to $11.64, before settling in for the price of $11.25 at the close. Taking a more long-term approach, AMBC posted a 52-week range of $10.12-$18.45.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 2.77%. Meanwhile, its Annual Earning per share during the time was -46.68%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -48.97%. This publicly-traded company’s shares outstanding now amounts to $45.20 million, simultaneously with a float of $42.52 million. The organization now has a market capitalization sitting at $552.21 million. At the time of writing, stock’s 50-day Moving Average stood at $11.31, while the 200-day Moving Average is $13.70.

AMBAC Financial Group Inc (AMBC) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Insurance – Specialty industry. AMBAC Financial Group Inc’s current insider ownership accounts for 10.38%, in contrast to 81.84% institutional ownership. According to the most recent insider trade that took place on Sep 27 ’24, this organization’s Director bought 6,300 shares at the rate of 11.16, making the entire transaction reach 70,308 in total value, affecting insider ownership by 9,000. Preceding that transaction, on Sep 26 ’24, Company’s Director bought 2,700 for 11.27, making the whole transaction’s value amount to 30,429. This particular insider is now the holder of 2,700 in total.

AMBAC Financial Group Inc (AMBC) Earnings and Revenue Records

AMBAC Financial Group Inc’s EPS decrease for this current 12-month fiscal period is -48.97% and is forecasted to reach 0.07 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.00% through the next 5 years, which can be compared against the -46.68% growth it accomplished over the previous five years trading on the market.

AMBAC Financial Group Inc (NYSE: AMBC) Trading Performance Indicators

Let’s observe the current performance indicators for AMBAC Financial Group Inc (AMBC). The Stock has managed to achieve an average true range (ATR) of 0.37. Alongside those numbers, its PE Ratio stands at $7.37, and its Beta score is 1.23. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.54. Similarly, its price to free cash flow for trailing twelve months is now 4.22.

In the same vein, AMBC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.58, a figure that is expected to reach 0.08 in the next quarter, and analysts are predicting that it will be 0.07 at the market close of one year from today.

Technical Analysis of AMBAC Financial Group Inc (AMBC)

[AMBAC Financial Group Inc, AMBC] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 44.21% While, its Average True Range was 0.39.

Raw Stochastic average of AMBAC Financial Group Inc (AMBC) in the period of the previous 100 days is set at 47.50%, which indicates a major fall in contrast to 58.33% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.73% that was lower than 34.08% volatility it exhibited in the past 100-days period.