AmBase (OTCMKTS:ABCP) Posts Quarterly Earnings Results

AmBase (OTCMKTS:ABCP) posted its quarterly earnings data on Wednesday. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.

AmBase Stock Performance

Shares of AmBase stock remained flat at $0.24 during trading on Wednesday. 39,560 shares of the stock were exchanged, compared to its average volume of 8,501. The firm has a 50-day simple moving average of $0.26 and a 200-day simple moving average of $0.21. AmBase has a 12 month low of $0.14 and a 12 month high of $0.33. The company has a market cap of $20.39 million, a P/E ratio of -6.00 and a beta of 0.89.

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.