Ambac Financial Group (NYSE:AMBC - Get Free Report) announced its quarterly earnings data on Monday. The company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.06), Zacks reports. Ambac Financial Group had a negative net margin of 6.28% and a positive return on equity of 2.51%.
Ambac Financial Group Stock Up 1.3%
NYSE AMBC traded up $0.11 on Monday, hitting $8.32. 1,035,487 shares of the stock were exchanged, compared to its average volume of 691,855. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 2.10. Ambac Financial Group has a fifty-two week low of $6.33 and a fifty-two week high of $18.40. The company has a market cap of $425.08 million, a PE ratio of -18.09 and a beta of 0.86. The company has a 50-day moving average price of $7.97 and a 200-day moving average price of $10.51.
About Ambac Financial Group
(
Get Free Report)
Ambac Financial Group, Inc operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks.
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