AMBAC Financial Group Inc (NYSE: AMBC) kicked off on Tuesday, up 3.67% from the previous trading day, before settling in for the closing price of $7.35. Over the past 52 weeks, AMBC has traded in a range of $6.33-$18.45.
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Annual sales at Financial sector company grew by 13.72% over the past five years. While this was happening, its average annual earnings per share was recorded 111.11%. With a float of $46.49 million, this company’s outstanding shares have now reached $46.51 million.
Let’s look at the performance matrix of the company that is accounted for 380 employees. In terms of profitability, gross margin is 100.0%, operating margin of 0.91%, and the pretax margin is -25.38%.
AMBAC Financial Group Inc (AMBC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Specialty Industry. The insider ownership of AMBAC Financial Group Inc is 9.01%, while institutional ownership is 81.38%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
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
Take a look at AMBAC Financial Group Inc’s (AMBC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00. Likewise, its price to free cash flow for the trailing twelve months is 512.26.
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)
AMBAC Financial Group Inc (NYSE: AMBC) saw its 5-day average volume 1.21 million, a positive change from its year-to-date volume of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 88.42%. 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 17.65%, which indicates a significant decrease from 64.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.39% in the past 14 days, which was higher than the 46.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.03, while its 200-day Moving Average is $11.11. Nevertheless, the first resistance level for the watch stands at $7.74 in the near term. At $7.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.07. If the price goes on to break the first support level at $7.41, it is likely to go to the next support level at $7.20. Assuming the price breaks the second support level, the third support level stands at $7.08.
AMBAC Financial Group Inc (NYSE: AMBC) Key Stats
The company with the Market Capitalisation of 389.31 million has total of 51,091K Shares Outstanding. Its annual sales at the moment are 235,820 K in contrast with the sum of -556,450 K annual income. Company’s last quarter sales were recorded 114,000 K and last quarter income was -31,000 K.
