While Amber International Holding Ltd. ADR has overperformed by 1.62%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AMBR fell by -73.18%, with highs and lows ranging from $13.09 to $1.23, whereas the simple moving average fell by -64.50% in the last 200 days.
On March 24, 2022, Alliance Global Partners Downgraded Amber International Holding Ltd. ADR (NASDAQ: AMBR) to Neutral. A report published by China Renaissance on September 29, 2020, Initiated its previous ‘Buy’ rating for AMBR. Alliance Global Partners also rated AMBR shares as ‘Buy’, setting a target price of $8.50 on the company’s shares in an initiating report dated January 27, 2020. The Benchmark Company initiated its ‘Buy’ rating for AMBR, as published in its report on June 19, 2018. ROTH Capital’s report from February 01, 2018 suggests a price prediction of $10 for AMBR shares, giving the stock a ‘Buy’ rating.
Analysis of Amber International Holding Ltd. ADR (AMBR)
Further, the quarter-over-quarter decrease in sales is -68.42%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Amber International Holding Ltd. ADR’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -34.58% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.13, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 1.54M can be a very valuable indicator of volatility for AMBR stock. On a monthly basis, the volatility of the stock is set at 12.08%, whereas on a weekly basis, it is put at 20.94%, with a gain of 97.64% over the past seven days. Furthermore, long-term investors anticipate a median target price of $11.00, showing growth from the present price of $2.51, which can serve as yet another indication of whether AMBR is worth investing in or should be passed over.
How Do You Analyze Amber International Holding Ltd. ADR Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As opposed to executive stock, institutional ownership accounts for 0.68% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
