Wall Street Zen upgraded shares of Amber International (NASDAQ:AMBR – Free Report) to a hold rating in a report published on Saturday morning,Wall Street Zen reports.
Separately, Weiss Ratings raised shares of Amber International from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, September 18th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.
View Our Latest Analysis on AMBR
Amber International Trading Down 0.6%
Shares of AMBR stock opened at $1.59 on Friday. The stock has a market cap of $149.91 million, a price-to-earnings ratio of 159.16 and a beta of 0.68. The stock has a 50-day moving average of $1.48 and a 200-day moving average of $1.63. Amber International has a 1-year low of $0.83 and a 1-year high of $3.16.
Amber International (NASDAQ:AMBR – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $13.92 million during the quarter. Amber International had a positive return on equity of 1.07% and a negative net margin of 0.27%.
Hedge Funds Weigh In On Amber International
An institutional investor recently raised its stake in Amber International stock. SmartHarvest Portfolios LLC raised its position in shares of Amber International Holding Limited – Sponsored ADR (NASDAQ:AMBR – Free Report) by 60.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,215 shares of the company’s stock after acquiring an additional 12,081 shares during the quarter. SmartHarvest Portfolios LLC owned about 0.36% of Amber International worth $76,000 as of its most recent SEC filing.
About Amber International
Amber International Holding Limited (NASDAQ: AMBR) is a digital asset company that provides trading and related financial services through its technology platform. The company’s activities include digital asset trading, liquidity provision, custody and financing services, as well as infrastructure solutions designed for institutional and other professional market participants.
Its platform is intended to serve a range of clients, including institutions, corporate customers and individual users.
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