While AMBAC Financial Group Inc has overperformed by 0.82%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AMBC fell by -41.06%, with highs and lows ranging from $18.45 to $7.92, whereas the simple moving average fell by -26.58% in the last 200 days.
On September 18, 2024, ROTH MKM Upgraded AMBAC Financial Group Inc (NYSE: AMBC) to Buy. A report published by Compass Point on August 09, 2023, Upgraded its rating to ‘Buy’ for AMBC. Compass Point also rated AMBC shares as ‘Neutral’, setting a target price of $18 on the company’s shares in an initiating report dated November 28, 2022. MKM Partners December 19, 2016d its ‘Neutral’ rating to ‘Sell’ for AMBC, as published in its report on December 19, 2016. MKM Partners’s report from December 13, 2016 suggests a price prediction of $27 for AMBC shares, giving the stock a ‘Neutral’ rating. MKM Partners also rated the stock as ‘Neutral’.
Analysis of AMBAC Financial Group Inc (AMBC)
Further, the quarter-over-quarter decrease in sales is -13.04%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of AMBAC Financial Group Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 2.04% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and AMBC is recording an average volume of 764.10K. On a monthly basis, the volatility of the stock is set at 5.89%, whereas on a weekly basis, it is put at 3.97%, with a gain of 2.50% over the past seven days. Furthermore, long-term investors anticipate a median target price of $17.00, showing growth from the present price of $8.60, which can serve as yet another indication of whether AMBC is worth investing in or should be passed over.
How Do You Analyze AMBAC Financial Group Inc Shares?
AMBAC Financial Group Inc (AMBC) is based in the USA and is one of the most prominent companies operating in the Insurance – Specialty market. When comparing AMBAC Financial Group Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.93, there is a growth in quarterly earnings of 791.88%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 9.01%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 90.61% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
AMBC shares are owned by institutional investors to the tune of 90.61% at present.
