On Friday, AMBAC Financial Group Inc (NYSE: AMBC) was -9.45% drop from the session before settling in for the closing price of $7.83. A 52-week range for AMBC has been $7.75 – $18.45.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 13.72%. When this article was written, the company’s average yearly earnings per share was at 111.11%. With a float of $42.08 million, this company’s outstanding shares have now reached $46.51 million.
The extent of productivity of a business whose workforce counts for 380 workers is very important to gauge. In terms of profitability, gross margin is 100.0%, operating margin of 26.72%, and the pretax margin is -25.38%.
AMBAC Financial Group Inc (AMBC) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward AMBAC Financial Group Inc stocks. The insider ownership of AMBAC Financial Group Inc is 9.01%, while institutional ownership is 90.22%. The most recent insider transaction that took place on Sep 27 ’24, was worth 70,308. In this transaction Director of this company bought 6,300 shares at a rate of $11.16, taking the stock ownership to the 9,000 shares. Before that another transaction happened on Sep 26 ’24, when Company’s Director bought 2,700 for $11.27, making the entire transaction worth $30,429. This insider now owns 2,700 shares in total.
AMBAC Financial Group Inc (AMBC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 111.11% per share during the next fiscal year.
AMBAC Financial Group Inc (NYSE: AMBC) Trading Performance Indicators
You can see what AMBAC Financial Group Inc (AMBC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84. Likewise, its price to free cash flow for the trailing twelve months is 431.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.45, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach 0.30 in one year’s time.
Technical Analysis of AMBAC Financial Group Inc (AMBC)
The latest stats from [AMBAC Financial Group Inc, AMBC] show that its last 5-days average volume of 1.44 million was superior to 0.99 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.54%. Additionally, its Average True Range was 0.45.
During the past 100 days, AMBAC Financial Group Inc’s (AMBC) raw stochastic average was set at 0.68%, which indicates a significant decrease from 2.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.34% in the past 14 days, which was higher than the 46.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.03, while its 200-day Moving Average is $11.42. Now, the first resistance to watch is $7.59. This is followed by the second major resistance level at $8.09. The third major resistance level sits at $8.37. If the price goes on to break the first support level at $6.82, it is likely to go to the next support level at $6.54. Assuming the price breaks the second support level, the third support level stands at $6.04.
AMBAC Financial Group Inc (NYSE: AMBC) Key Stats
There are 46,242K outstanding shares of the company, which has a market capitalization of 327.86 million. As of now, sales total 235,820 K while income totals -556,450 K. Its latest quarter income was 114,000 K while its last quarter net income were -31,000 K.
