Ambarella Inc (NASDAQ:AMBA) shares, rose in value, with the stock price down by -1.12% to the previous day’s close as strong demand from buyers drove the stock to $43.11.
Actively observing the price movement in the last trading, the stock closed the session at $43.60, falling within a range of $42.0 and $43.4781. The value of beta (5-year monthly) was 1.862. Referring to stock’s 52-week performance, its high was $85.15, and the low was $38.86. On the whole, AMBA has fluctuated by -21.83% over the past month.
With the market capitalization of Ambarella Inc currently standing at about $1.83 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-25.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AMBA’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of AMBA currently trading nearly -9.86% and -26.07% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.45, while the 7-day volatility ratio is showing 4.61% which for the 30-day chart, stands at 6.54%. Furthermore, Ambarella Inc (AMBA)’s beta value is 1.99, and its average true range (ATR) is 3.53.
A comparison of Ambarella Inc (AMBA) with its peers suggests the former has fared considerably weaker in the market. AMBA showed an intraday change of -1.12% in last session, and over the past year, it shrunk by -3.10%%.
Data on historical trading for Ambarella Inc (NASDAQ:AMBA) indicates that the trading volumes over the past 10 days have averaged 0.84 and over the past 3 months, they’ve averaged 859.93K. According to company’s latest data on outstanding shares, there are 41.96 million shares outstanding.
Nearly 6.14% of Ambarella Inc’s shares belong to company insiders and institutional investors own 80.63% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.63 million shares as on 2025-03-31, resulting in a short ratio of 1.71. According to the data, the short interest in Ambarella Inc (AMBA) stood at 452.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 1.95 million. The stock has fallen by -40.73% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AMBA stock heading into the next quarter.
