Company’s 36-month beta value is 1.64.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 3 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for AMBA is 38.35M, and currently, short sellers hold a 6.45% ratio of that floaft. The average trading volume of AMBA on April 12, 2024 was 533.10K shares.
AMBA) stock’s latest price update
The stock of Ambarella Inc (NASDAQ: AMBA) has increased by 0.27 when compared to last closing price of 47.62. Despite this, the company has experienced a -2.29% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-09 that Ambarella’s (AMBA) recently unveiled CV75S family of SoC brings advanced AI-based image processing to a wide range of price points, enhancing image quality for diverse applications.
AMBA’s Market Performance
Ambarella Inc (AMBA) has seen a -2.29% fall in stock performance for the week, with a -14.01% decline in the past month and a -17.36% plunge in the past quarter. The volatility ratio for the week is 2.97%, and the volatility levels for the past 30 days are at 3.55% for AMBA. The simple moving average for the past 20 days is -4.33% for AMBA’s stock, with a -20.35% simple moving average for the past 200 days.
Analysts’ Opinion of AMBA
Many brokerage firms have already submitted their reports for AMBA stocks, with Wells Fargo repeating the rating for AMBA by listing it as a “Equal Weight.” The predicted price for AMBA in the upcoming period, according to Wells Fargo is $65 based on the research report published on January 03, 2024 of the current year 2024.
Northland Capital, on the other hand, stated in their research note that they expect to see AMBA reach a price target of $70. The rating they have provided for AMBA stocks is “Outperform” according to the report published on September 18th, 2023.
Needham gave a rating of “Buy” to AMBA, setting the target price at $90 in the report published on August 30th of the previous year.
AMBA Trading at -9.75% from the 50-Day Moving Average
After a stumble in the market that brought AMBA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.46% of loss for the given period.
Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 2.97%, as shares sank -10.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.12% lower at present.
During the last 5 trading sessions, AMBA fell by -2.29%, which changed the moving average for the period of 200-days by -39.37% in comparison to the 20-day moving average, which settled at $49.65. In addition, Ambarella Inc saw -22.09% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMBA starting from Schwarting Elizabeth M, who sale 240 shares at the price of $49.47 back on Mar 20 ’24. After this action, Schwarting Elizabeth M now owns 6,164 shares of Ambarella Inc, valued at $11,873 using the latest closing price.
Wang Feng-Ming, the CEO of Ambarella Inc, sale 2,173 shares at $49.27 during a trade that took place back on Mar 18 ’24, which means that Wang Feng-Ming is holding 806,632 shares at $107,064 based on the most recent closing price.
Stock Fundamentals for AMBA
Current profitability levels for the company are sitting at:
- -0.68 for the present operating margin
- 0.6 for the gross margin
The net margin for Ambarella Inc stands at -0.75. The total capital return value is set at -0.27. Equity return is now at value -29.06, with -24.77 for asset returns.
Based on Ambarella Inc (AMBA), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 3.56. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 119.11.
Currently, EBITDA for the company is -125.95 million with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of 8.02. The receivables turnover for the company is 9.08for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.38.
Conclusion
In a nutshell, Ambarella Inc (AMBA) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
