why Amber International Holding Ltd. ADR [AMBR] is a Good Choice for Investors After New Price Target of $11.00

Misty Lee

Amber International Holding Ltd. ADR [NASDAQ: AMBR] surged by $0.89 during the normal trading session on Thursday and reaching a high of $3.16 during the day while it closed the day at $2.47.

Amber International Holding Ltd. ADR stock has also gained 99.19% of its value over the past 7 days. However, AMBR stock has declined by -36.50% in the 3 months of the year. Over the past six months meanwhile, it has lost -74.05% and lost -42.49% year-on date.

The market cap for AMBR stock reached $213.51 million, with 7.83 million shares outstanding and 7.22 million shares in the current float. Compared to the average trading volume of 154.77K shares, AMBR reached a trading volume of 89415599 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $11.00 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 1.00. 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 Price to Book ratio for the last quarter was 0.24, with the Price to Cash per share for the same quarter was set at 0.39.

AMBR stock trade performance evaluation

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 99.19. With this latest performance, AMBR shares gained by 29.32% in over the last four-week period, additionally sinking by -74.05% over the last 6 months – not to mention a drop of -73.61% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMBR stock in for the last two-week period is set at 64.23, with the RSI for the last a single of trading hit 0.35, and the three-weeks RSI is set at 0.31 for Amber International Holding Ltd. ADR [AMBR]. The present Moving Average for the last 50 days of trading for this stock 2.40, while it was recorded at 1.61 for the last single week of trading, and 7.10 for the last 200 days.

Amber International Holding Ltd. ADR [AMBR]: An insightful look at the core 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 -23.82% and a Gross Margin at 64.66%. Amber International Holding Ltd. ADR’s Net Margin is presently recorded at -38.99%.

Amber International Holding Ltd. ADR (AMBR) Capital Structure & Debt Analysis

According to recent financial data for Amber International Holding Ltd. ADR. ( AMBR), the Return on Equity (ROE) stands at -34.58%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -10.55%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Amber International Holding Ltd. ADR’s Return on Invested Capital (ROIC) is -23.02%, showcasing its effectiveness in deploying capital for earnings.

Amber International Holding Ltd. ADR (AMBR) Efficiency & Liquidity Metrics

Based on Amber International Holding Ltd. ADR’s (AMBR) latest financial statements, the Debt-to-Equity Ratio is 0.05%, indicating its reliance on debt financing relative to shareholder equity.

Amber International Holding Ltd. ADR (AMBR) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Amber International Holding Ltd. ADR. (AMBR) effectively leverages its workforce, generating an average of -$94666.67 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.13% and a Quick Ratio of 1.13%, indicating strong ability to cover short-term liabilities.

Amber International Holding Ltd. ADR [AMBR]: Institutional Ownership

There are presently around $0.68%, or 0.68%% of AMBR stock, in the hands of institutional investors.

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