Stocks like Ambow Education Holding Ltd ADR [AMBO] still have plenty of sunny days ahead

In yesterday’s Wall Street session, Ambow Education Holding Ltd ADR (AMEX:AMBO) shares traded at $0.20, up 33.46% from the previous session.

As of this writing, 1 analysts cover Ambow Education Holding Ltd ADR (AMEX:AMBO). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $270.00 and a low of $270.00, we find $270.00. Given the previous closing price of $0.15, this indicates a potential upside of 179900.0 percent. AMBO stock price is now 30.17% away from the 50-day moving average and -12.17% away from the 200-day moving average. The market capitalization of the company currently stands at $4.81M.

There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $270.00 as their price target over the next twelve months.

A total of 0.00% of the company’s stock is owned by insiders.

Tuesday morning saw Ambow Education Holding Ltd ADR (AMEX: AMBO) opened at $0.1535. During the past 12 months, Ambow Education Holding Ltd ADR has had a low of $0.12 and a high of $0.70. As of last week, the company has a debt-to-equity ratio of 1.49, a current ratio of 1.33, and a quick ratio of 1.33. The fifty day moving average price for AMBO is $0.1560 and a two-hundred day moving average price translates $0.2312 for the stock.

The latest earnings results from Ambow Education Holding Ltd ADR (AMEX: AMBO) was released for Dec, 2022. The company reported revenue of $16.41 million for the quarter, compared to $16.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.13 percent.

Ambow Education Holding Ltd ADR(AMBO) Company Profile

Ambow Education Holding Ltd., a technology-driven educational company, provides hybrid online and offline learning, and content development in the higher education and workforce training industries in the United States. The company operates HybriU platform, a hybrid education delivery and content development platform. It also offers career-focused post-secondary educational services to undergraduate students. The company was founded in 2000 and is headquartered in Cupertino, California.

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