On 6/5/24, Ambac Financial Group Inc (NYSE: AMBC) stock suffered a major decline of -19.8%, closing at $13.81. Moreover, this decline was accompanied by exceptionally high trading volume at 445% of normal. Relative to the market the stock has been strong over the last nine months but has declined -19.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AMBC is expected to be Value Creation neutral.
Ambac Financial Group has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Ambac Financial Group has a neutral Appreciation Score of 56 but a good Power Rating of 80, with the Positive Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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