Amber International Holding Ltd. ADR (NASDAQ: AMBR) is 27.88% higher on its value in year-to-date trading and has touched a low of $1.12 and a high of $13.09 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AMBR stock was last observed hovering at around $11.73 in the last trading session, with the day’s gains setting it 0.24%.
Currently trading at $11.97, the stock is 16.31% and 16.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 2.05% at the moment leaves the stock 60.48% off its SMA200. AMBR registered 842.52% gain for a year compared to 6-month gain of 48.14%.
The stock witnessed a 13.03% loss in the last 1 month and extending the period to 3 months gives it a -2.80%, and is 11.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.15% over the week and 6.92% over the month.
Amber International Holding Ltd. ADR (AMBR) has around 225 employees, a market worth around $94.20M and $32.76M in sales. Profit margin for the company is -96.69%. Distance from 52-week low is 968.75% and -8.56% from its 52-week high. The company has generated returns on investments over the last 12 months (-231.95%).
The shares outstanding are 8.75M, and float is at 7.22M with Short Float at 2.03%.
