AmBase Corp. (OTCMKTS:ABCP – Get Free Report) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 15,900 shares, an increase of 26.2% from the May 15th total of 12,600 shares. Based on an average daily trading volume, of 37,200 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.
AmBase Price Performance
ABCP stock opened at $0.29 on Thursday. The company has a fifty day moving average price of $0.30 and a 200 day moving average price of $0.30. AmBase has a 12 month low of $0.24 and a 12 month high of $0.46. The company has a market cap of $24.63 million, a price-to-earnings ratio of -4.14 and a beta of 0.54.
AmBase (OTCMKTS:ABCP – Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The financial services provider reported ($0.02) EPS 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.
Read More
- Five stocks we like better than AmBase
- How to Profit From Value Investing
- Chime’s Smart IPO: Half the Valuation, Double the Strength
- What is a buyback in stocks? A comprehensive guide for investors
- Why Quantum Computing Inc. Is the Quiet Winner in Quantum Stocks
- What is a Death Cross in Stocks?
- 3 Catalysts in 7 Days: Archer’s Growth Story Just Accelerated
Receive News & Ratings for AmBase Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AmBase and related companies with MarketBeat.com's FREE daily email newsletter.
