AmBase Co. (OTCMKTS:ABCP – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 11,200 shares, a decrease of 5.1% from the September 15th total of 11,800 shares. Based on an average daily volume of 77,000 shares, the short-interest ratio is currently 0.1 days.
AmBase Stock Down 4.1 %
ABCP opened at $0.35 on Thursday. The stock’s fifty day moving average is $0.39 and its two-hundred day moving average is $0.30. The company has a market capitalization of $14.50 million, a P/E ratio of -2.47 and a beta of 0.65. AmBase has a 52 week low of $0.10 and a 52 week high of $0.46.
AmBase (OTCMKTS:ABCP – Get Free Report) last posted its quarterly earnings results on Friday, August 9th. The financial services provider reported ($0.02) EPS for the quarter.
AmBase Company Profile
AmBase Corporation does not have significant operations. Previously, it invested in a real estate development property. The company was incorporated in 1975 and is headquartered in Coral Springs, Florida.
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