The stock of AMBAC Financial Group Inc (AMBC) has gone up by 10.17% for the week, with a 9.51% rise in the past month and a 13.18% rise in the past quarter. The volatility ratio for the week is 2.67%, and the volatility levels for the past 30 days are 2.94% for AMBC. The simple moving average for the past 20 days is 10.66% for AMBC’s stock, with a -5.63% simple moving average for the past 200 days.
Is It Worth Investing in AMBAC Financial Group Inc (NYSE: AMBC) Right Now?
AMBAC Financial Group Inc (NYSE: AMBC) has a higher price-to-earnings ratio of 8.12x compared to its average ratio, The 36-month beta value for AMBC is at 1.22. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for AMBC is 42.52M, and currently, shorts hold a 9.15% of that float. The average trading volume for AMBC on November 13, 2024 was 479.81K shares.
AMBC) stock’s latest price update
AMBAC Financial Group Inc (NYSE: AMBC)’s stock price has gone rise by 9.60 in comparison to its previous close of 11.70, however, the company has experienced a 10.17% increase in its stock price over the last five trading days. businesswire.com reported 2024-09-20 that CHARLOTTE, N.C.–(BUSINESS WIRE)–Beat Capital Partners launches proRISE Insurance Services.
Analysts’ Opinion of AMBC
Many brokerage firms have already submitted their reports for AMBC stocks, with ROTH MKM repeating the rating for AMBC by listing it as a “Buy.” The predicted price for AMBC in the upcoming period, according to ROTH MKM is $15 based on the research report published on September 18, 2024 of the current year 2024.
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 “Buy” according to the report published on August 09th, 2023.
Compass Point gave a rating of “Neutral” to AMBC, setting the target price at $18 in the report published on November 28th of the previous year.
AMBC Trading at 13.15% 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 unable to rebound, for now settling with -30.50% of loss for the given period.
Volatility was left at 2.94%, however, over the last 30 days, the volatility rate increased by 2.67%, as shares surge +8.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.60% upper at present.
During the last 5 trading sessions, AMBC rose by +11.25%, which changed the moving average for the period of 200-days by -21.04% in comparison to the 20-day moving average, which settled at $11.59. In addition, AMBAC Financial Group Inc saw -22.19% 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 AMBC starting from Matus Kristi Ann, who purchase 6,300 shares at the price of $11.16 back on Sep 27 ’24. After this action, Matus Kristi Ann now owns 9,000 shares of AMBAC Financial Group Inc, valued at $70,308 using the latest closing price.
Matus Kristi Ann, the Director of AMBAC Financial Group Inc, purchase 2,700 shares at $11.27 during a trade that took place back on Sep 26 ’24, which means that Matus Kristi Ann is holding 2,700 shares at $30,429 based on the most recent closing price.
Stock Fundamentals for AMBC
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.99 for the gross margin
The net margin for AMBAC Financial Group Inc stands at 0.03. The total capital return value is set at 0.01. Equity return is now at value 5.65, with 0.96 for asset returns.
Based on AMBAC Financial Group Inc (AMBC), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.45. The interest coverage ratio of the stock is 1.29.
Currently, EBITDA for the company is 107.0 million with net debt to EBITDA at 7.36. When we switch over and look at the enterprise to sales, we see a ratio of 3.03. The receivables turnover for the company is 1.17for 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 1.03.
Conclusion
In conclusion, AMBAC Financial Group Inc (AMBC) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
