In the past week, AMBC stock has gone up by 24.84%, with a monthly gain of 13.67% and a quarterly surge of 14.47%. The volatility ratio for the week is 4.10%, and the volatility levels for the last 30 days are 3.09% for AMBAC Financial Group Inc. The simple moving average for the last 20 days is 23.10% for AMBC stock, with a simple moving average of 24.87% for the last 200 days.
Is It Worth Investing in AMBAC Financial Group Inc. (NYSE: AMBC) Right Now?
AMBAC Financial Group Inc. (NYSE: AMBC) has a price-to-earnings ratio that is above its average at 13.71x. The stock has a 36-month beta value of 1.26. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for AMBC is 41.06M, and at present, short sellers hold a 4.66% of that float. On May 08, 2024, the average trading volume of AMBC was 393.98K shares.
AMBC) stock’s latest price update
AMBAC Financial Group Inc. (NYSE: AMBC)’s stock price has surge by 19.31relation to previous closing price of 15.12. Nevertheless, the company has seen a 24.84% surge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-02-28 that Ambac Financial Group, Inc. (AMBC) Q4 2023 Earnings Call Transcript
Analysts’ Opinion of AMBC
Many brokerage firms have already submitted their reports for AMBC stocks, with Compass Point repeating the rating for AMBC by listing it as a “Buy.” The predicted price for AMBC in the upcoming period, according to Compass Point is $18 based on the research report published on August 09, 2023 of the previous year 2023.
Compass Point, on the other hand, stated in their research note that they expect to see AMBC reach a price target of $18. The rating they have provided for AMBC stocks is “Neutral” according to the report published on November 28th, 2022.
AMBC Trading at 19.06% from the 50-Day Moving Average
After a stumble in the market that brought AMBC to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.35% of gains for the given period.
Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 4.10%, as shares surge +15.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.22% upper at present.
During the last 5 trading sessions, AMBC rose by +24.84%, which changed the moving average for the period of 200-days by +29.97% in comparison to the 20-day moving average, which settled at $14.78. In addition, AMBAC Financial Group Inc. saw 9.47% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AMBC starting from LeBlanc Claude, who purchase 2,500 shares at the price of $13.29 back on Sep 01 ’23. After this action, LeBlanc Claude now owns 502,416 shares of AMBAC Financial Group Inc., valued at $33,225 using the latest closing price.
Stock Fundamentals for AMBC
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 1.0 for the gross margin
The net margin for AMBAC Financial Group Inc. stands at 0.2. The total capital return value is set at 0.01. Equity return is now at value 4.73, with 0.78 for asset returns.
Based on AMBAC Financial Group Inc. (AMBC), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is 1.33.
Currently, EBITDA for the company is 34.0 million with net debt to EBITDA at 4.98. When we switch over and look at the enterprise to sales, we see a ratio of 4.13. The receivables turnover for the company is 1.04for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
To sum up, AMBAC Financial Group Inc. (AMBC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
