Amber International Holding Ltd. ADR [NASDAQ: AMBR] price surged by 2.05 percent to reach at $0.24.
A sum of 170292 shares traded at recent session while its average daily volume was at 122.89K shares. Amber International Holding Ltd. ADR shares reached a high of $12.26 and dropped to a low of $11.5 until finishing in the latest session at $11.97.
The one-year AMBR stock forecast points to a potential downside of -199.25. The average equity rating for AMBR stock is currently 3.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Amber International Holding Ltd. ADR [AMBR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMBR shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMBR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Alliance Global Partners have made an estimate for Amber International Holding Ltd. ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 24, 2022. While these analysts kept the previous recommendation, China Renaissance raised their target price to Buy. The new note on the price target was released on September 29, 2020, representing the official price target for Amber International Holding Ltd. ADR stock. Previously, the target price had yet another raise to $8.50, while Alliance Global Partners analysts kept a Buy rating on AMBR stock.
The Average True Range (ATR) for Amber International Holding Ltd. ADR is set at 0.95, with the Price to Sales ratio for AMBR stock in the period of the last 12 months amounting to 2.88. The Price to Book ratio for the last quarter was 8.16, with the Price to Cash per share for the same quarter was set at 3.33.
AMBR Stock Performance Analysis:
Amber International Holding Ltd. ADR [AMBR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.66. With this latest performance, AMBR shares gained by 13.03% in over the last four-week period, additionally plugging by 48.14% over the last 6 months – not to mention a rise of 842.52% in the past year of trading.
Insight into Amber International Holding Ltd. ADR Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Amber International Holding Ltd. ADR [AMBR] shares currently have an operating margin of -52.73% and a Gross Margin at 51.06%. Amber International Holding Ltd. ADR’s Net Margin is presently recorded at -96.69%.
Return on Equity for this stock declined to -22.52%, with Return on Assets sitting at -22.52%.
Amber International Holding Ltd. ADR [AMBR] Institutonal Ownership Details
There are presently around $0.97%, or 0.98%% of AMBR stock, in the hands of institutional investors.
