Ambow Education Holding Ltd. (AMEX:AMBO) shares, rose in value on Friday, 08/05/22, with the stock price up by 7.47% to the previous day’s close as strong demand from buyers drove the stock to $0.44.
Actively observing the price movement in the last trading, the stock closed the session at $0.41, falling within a range of $0.43 and $0.54. The value of beta (5-year monthly) was -7.51 whereas the PE ratio was 22.21 over 12-month period. Referring to stock’s 52-week performance, its high was $1.82, and the low was $0.30. On the whole, AMBO has fluctuated by 29.61% over the past month.
With the market capitalization of Ambow Education Holding Ltd. currently standing at about $10.44 million, investors are eagerly awaiting this quarter’s results, scheduled for Jan 05, 2022 – Jan 10, 2022.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that AMBO’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
1 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 0 analyst(s), 1 recommend it as a Buy and 0 called the AMBO stock Overweight. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.89, with the price of AMBO currently trading nearly 12.77% and -0.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.18, while the 7-day volatility ratio is showing 14.97% which for the 30-day chart, stands at 13.80%. Furthermore, Ambow Education Holding Ltd. (AMBO)’s average true range (ATR) is 0.06. The company’s stock has been forecasted to trade at an average price of $270.00 over the course of the next 52 weeks, with a low of $270.00 and a high of $270.00. Based on these price targets, the low is -61263.64% off current price, whereas the price has to move -61263.64% to reach the yearly target high. Additionally, analysts’ median price of $270.00 is likely to be welcomed by investors because it represents a decrease of -61263.64% from the current levels.
Data on historical trading for Ambow Education Holding Ltd. (AMEX:AMBO) indicates that the trading volumes over the past 10 days have averaged 63360.0 and over the past 3 months, they’ve averaged 154.19K. According to company’s latest data on outstanding shares, there are 23.49 million shares outstanding.
Ambow Education Holding Ltd.’s shares belong to company insiders and institutional investors own 0.86% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19570.0 shares as on Jul 14, 2022, resulting in a short ratio of 0.13. According to the data, the short interest in Ambow Education Holding Ltd. (AMBO) stood at 0.08% of shares outstanding as of Jul 14, 2022; the number of short shares registered in Jun 14, 2022 reached 8400.0. The stock has fallen by -51.86% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMBO stock heading into the next quarter.