Ambow Education Holding Ltd ADR’s (AMBO) 66.07% Gain Is A Reason To Reconsider.

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Ambow Education Holding Ltd ADR (AMEX:AMBO) price on current trading day, rose 66.07% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $3.72.

A look at the stock’s price movement, the level at last check in today’s session was $2.24, moving within a range at $3.1171 and $5.49. The beta value (5-Year monthly) was 0.717. Turning to its 52-week performance, $6.30 and $1.00 were the 52-week high and 52-week low respectively. Overall, AMBO moved 109.11% over the past month.

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Ambow Education Holding Ltd ADR’s market cap currently stands at around $9.75 million, with investors looking forward to this quarter’s earnings report slated for in January.

Turning to the stock’s technical picture we see that short term indicators suggest on average that AMBO is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

AMBO’s current price about 104.37% and 119.80% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 82.02, while 7-day volatility ratio is 17.31% and 15.12% in the 30-day chart. Further, Ambow Education Holding Ltd ADR (AMBO) has a beta value of 0.70, and an average true range (ATR) of 0.45.

If we refocus on Ambow Education Holding Ltd ADR (AMEX:AMBO), historical trading data shows that trading volumes averaged 53840.0 over the past 10 days and 821.28K over the past 3 months. The company’s latest data on shares outstanding shows there are 2.62 million shares.

The 0.00% of Ambow Education Holding Ltd ADR’s shares are in the hands of company insiders while institutional holders own 0.00% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 27060.0 on 2024-11-29, giving us a short ratio of 0.87. Current price change has pushed the stock 170.45% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AMBO stock continues to rise going into the next quarter.

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