Investors Getting Picky When It Comes To Buying Ambow Education Holding Ltd ADR (AMBO)

Ambow Education Holding Ltd ADR (AMEX:AMBO) does about 9.05K shares in volume on a normal day but saw 37656068 shares change hands in the recent trading day. The company now has a market cap of 10.53M USD. Its current market price is $4.02, marking an increase of 226.83% compared to the previous close of $1.23. The 52 week high reached by this stock is $6.30 whilst the lowest price level in 52 weeks is $1.00.

Ambow Education Holding Ltd ADR (AMBO) has a 20-day trading average at $1.3100 and the current price is -36.20% off the 52-week high compared with 302.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.2600 and its 200-day simple moving average is $1.4800. If we look at the stock’s price movements over the week, volatility stands at 47.74%, which decreases to 20.38% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 87.61 to suggest the stock is overbought.

The consensus objective for the share price is $270.00, suggesting that the stock has a potential upside of 98.51% over the period.

The current price level is 243.73%, 234.49%, and 173.93% away from its SMA20, SMA50, and SMA200 respectively, with the AMBO price moving below the 50-day SMA on current market day. Ambow Education Holding Ltd ADR (AMBO) stock is up 211.63% over the week and 254.19% over the past month. Its price is 192.26% year-to-date and 123.71% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 98.51 percent from here.

The beta has a value of 0.76.