AmBase Co. (OTCMKTS:ABCP – Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 12,000 shares, a growth of 9.1% from the March 15th total of 11,000 shares. Based on an average trading volume of 331,900 shares, the short-interest ratio is presently 0.0 days.
AmBase Stock Performance
ABCP opened at $0.21 on Wednesday. The company has a fifty day moving average price of $0.20 and a two-hundred day moving average price of $0.17. AmBase has a 52 week low of $0.07 and a 52 week high of $0.40. The firm has a market capitalization of $8.75 million, a PE ratio of -1.74 and a beta of 0.57.
AmBase (OTCMKTS:ABCP – Get Free Report) last announced its quarterly earnings results on Monday, March 18th. The financial services provider reported ($0.03) earnings per share for the quarter.
About AmBase
AmBase Corporation does not have significant operations. Previously, it invested in a real estate development property. The company was incorporated in 1975 and is headquartered in Coral Springs, Florida.
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