Which Stock is better? Ambac Financial Group, Inc. (NASDAQ:AMBC)

Ambac Financial Group, Inc. (NASDAQ:AMBC), closed the last trading session at $17.51 with decrease of $-0.18 or -1.02 percent against the opening price of $17.69. The trading day volume of the company stands at 183020 shares while the average trading volume of Ambac Financial Group, Inc. (NASDAQ:AMBC) is 313.21 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 45.36 Million.

The price target of Ambac Financial Group, Inc. (NASDAQ:AMBC) is currently set at 20.5 by the analysts. The stock is $-24.98 Below its 1-Year High which is $23.34. AMBC hit its 1-Year low price of $14.44. The company is currently rated by analyst who are keeping a close eye on the stock as 2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Ambac Financial Group, Inc. (NASDAQ:AMBC)

The value of the stock increased by 2.34% during the previous week performance. Looking at the 1 month performance of Ambac Financial Group, Inc. (NASDAQ:AMBC), the stock jumped 17.75%. While the 1 year performance shows a negative percentage of -13.74 and year to date performance stands at 1.57%.

Ambac Financial Group, Inc. (NASDAQ:AMBC) Analytical Review

The stock needs to grow about $2.99 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 5.85%, 5.46% and -3.86 percent respectively. The stock trades about 5.22 percent of its Float giving its total shares Outstanding are 45.36 Million. AMBC gained about -5.96 percent in 6 months showing its Average True Range of 0.43. The company currently has a RSI and Beta of 65.59 and 1.13.

While talking about Ambac Financial Group, Inc. (NASDAQ:AMBC) valuation ratios, the stock trades with a P/S and P/B of 1.81 and 0.49 which is significantly better and attractive as compared to its peers.