Amber International Holding Limited – Sponsored ADR (NASDAQ:AMBR – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 315,037 shares, a growth of 77.6% from the September 30th total of 177,406 shares. Based on an average daily trading volume, of 160,675 shares, the short-interest ratio is presently 2.0 days. Currently, 0.4% of the company’s shares are short sold.
Analyst Ratings Changes
Several analysts have recently weighed in on AMBR shares. Weiss Ratings upgraded Amber International from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, September 18th. Wall Street Zen upgraded Amber International to a “hold” rating in a research note on Saturday, October 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.
View Our Latest Analysis on AMBR
Amber International Price Performance
Shares of NASDAQ:AMBR traded up $0.17 during trading hours on Friday, hitting $1.77. The company’s stock had a trading volume of 91,349 shares, compared to its average volume of 124,878. The firm’s fifty day moving average price is $1.53 and its 200 day moving average price is $1.86. Amber International has a 52 week low of $0.83 and a 52 week high of $3.16. The company has a market capitalization of $166.88 million, a price-to-earnings ratio of 177.18 and a beta of 0.68.
Amber International (NASDAQ:AMBR – Get Free Report) last released its quarterly earnings data on Friday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $13.92 million for the quarter. Amber International had a negative net margin of 0.27% and a positive return on equity of 1.07%.
About Amber International
Amber International Holding Limited (NASDAQ: AMBR) is a digital asset company that provides trading and related financial services through its technology platform. The company’s activities include digital asset trading, liquidity provision, custody and financing services, as well as infrastructure solutions designed for institutional and other professional market participants.
Its platform is intended to serve a range of clients, including institutions, corporate customers and individual users.
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