Ambarella Inc. (NASDAQ:AMBA) went up by 0.02% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Semiconductor Equipment & Materials giant went up by $47.56 to trade ended Wednesday trading at $47.55. This is up from the $47.55 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with AMBA down by -21.47% year-to-date.
Ambarella Inc. (AMBA) started the day trading at $47.92 and recorded an intraday high of $48.3. It also recorded an intraday low of $46.73 during Wednesday’s trading session. Ambarella Inc. is a very active stock that recorded a trading volume that is less than -43.81% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 350506, which is less than -43.81 of the total average daily trading volume of 504.08K.
Ambarella Inc. (NASDAQ:AMBA) 2020 Performance Impressive
The increase in AMBA’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AMBA currently stands at $73.59, which is higher than the current trading price of the stock by 35.37%. However, AMBA’s current trading price is -32.04% lower than the 52-week low price of $36.02. In terms of trading volume, Ambarella Inc. currently experienced healthy participation during the last trading session. 350506 shares of Ambarella Inc. were traded on the stock exchange on Wednesday, which is less than -43.81% of the 504.08K average trading volume of the stock.
The performance of the stock has been positive over the past year. AMBA’s performance over the past one year has seen it surge by 5.15%, while the stock has gone down by -25.31% in the last six months. The quarterly performance of AMBA currently stands at 0.93%, and it is down by -11.27% in the last month. The only positive figure was from the weekly performance, which currently reads 3.84%. At the time of writing AMBA’s report, the company has a total market cap of $1.63B, making it one of the largest publicly-traded companies in the world.Ambarella Inc. also has over 761 employees all over the world.
AMBA Insider Activities
For Ambarella Inc., insiders hold 80.60% of all company shares. The insider transactions over the past six months are up by 5.20%. During that period, insiders bought 149,170 shares in 33 transactions. In that same period, insiders sold 92,199 of their shares in 52 transactions. After these transactions, insiders at Ambarella Inc. now hold 1.75M shares, which is over 78.86% of the total company stocks. Institutional investors currently hold a large chunk of the AMBA shares, as they control 5.10% of the company’s total stock.
AMBA Fundamental Analysis
For Ambarella Inc., the stock’s diluted earnings per share (EPS) stands at -1.28. In the coming year, analysts expect the EPS to be 0.39. The EPS growth will up over the next five years to 15.00% after plunging by -23.40% in the previous five years. In terms of revenue, Ambarella Inc.’s quarterly sales (YOY) is shrinking at -0.02, which is higher than the average annual revenue of -23.40% over the past half a decade.
The Return on Investment (ROI) on Ambarella Inc.’s stock currently stands at -11.80%, and it has a net profit margin of -18.20%. The operating margin of the company is -19.90%, and its gross margin is 58.00%.
AMBA Analysts Prediction
Dougherty & Company and Stifel also believe that Ambarella Inc.’s stock is outperforming at the moment.
AMBA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AMBA currently stands at -2.74%, while the SMA50 is -8.67%. The biggest one is the SMA200, which is currently reading -13.32% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 43.35.