How have the shares performed?
Ambow Education Holding Ltd. (AMBO) saw downtrend of -2.60% in the recent trading with $2.25 being its most recent. The current price level -65.01% lower than the highest price of $6.43 marked by the stock while trading over the past 52-weeks, whereas it is 59.57% higher than the lowest price of $1.41 the company dropped to over past 52-weeks. The latest news story on AMBO appeared in PR Newswire under the title “Ambow Education Launches Blockchain-based Career-oriented Skills Recognition System” on May-27-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -28.12% below one month high and is +9.76% above of the lowest during that time. Looking into the simple moving average, Ambow Education Holding Ltd. (AMBO)’s stock stands at a SMA-50 of $2.27 while that of 5-day is reading $2.27.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and AMBO’s SMA-200 as of now is $2.51.
Ambow Education Holding Ltd. Earnings – What Happened With AMBO
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $26.19 billion.
AMBO – Ambow Education Holding Ltd. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 23.37 million. AMBO does have institutional investors; and they hold 0.80% of the stock.
Ambow Education Holding Ltd. – Insider Activity and Holdings
As on Dec 30, 2020, Sabby Management, LLC was the top most holder in Ambow Education Holding Ltd. (AMEX:AMBO) with an ownership of 0.15 million shares of the company or 0.89% of the stake worth $0.33 million. The filing also reveals Renaissance Technologies, LLC as the second largest holder in the company with a control over 0.59% of the outstanding shares. Its stake is worth $0.22 million for having 0.1 million shares in hand.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Ambow Education Holding Ltd. was 0.66 while posting a debt to equity ratio of 0.14. The count was 160.64 for long-term debt to equity ratio.
Ambow Education Holding Ltd.’s return on equity, or ROE, is -42.00%, compared to the industry average of 5.32% for Consumer Defensive – Education & Training Services. Although this indicates that AMBO fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Ambow Education Holding Ltd. (AMEX:AMBO) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Ambow Education Holding Ltd. (AMBO), we notice that the stock’s 20-day average volume is at 463,890 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 4,375,804 shares. And to end, AMBO’s 100-day average volume is 2,708,712 shares with 100% of the long-term indicators pointing towards Sell for the stock.