Stock price performance of Ambarella, Inc. is analyzed for various periods using several stock trading signals. The stock price have dropped -13.54% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -20.66% . Looking at the past 52 week period, the stock price is up at 37.8% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Ambarella, Inc. has a positive value of 21.1 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 3.68% and the 50-Day Moving Average is 10.06%.The 200 Day SMA reached 10.28%
Ambarella, Inc. is having a Relative Strength Index of 49.09 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Ambarella, Inc. (NASDAQ:AMBA) rallied by 3.02% during the past week but lost 5.57% on a 4-week basis. The company has outperformed the S&P 500 by 2.89% in the past week but underperformed the index by 6.41% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Dec 16, 2016, George Laplante (CFO) sold 4,476 shares at 54.21 per share price.On Dec 16, 2016, Christopher Day (VP, Marketing) sold 1,656 shares at 54.21 per share price.On Dec 16, 2016, Leslie Kohn (CTO) sold 5,083 shares at 54.21 per share price.
Ambarella Inc Last issued its quarterly earnings results on Dec 1, 2016. The company reported $1.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.17. Analyst had a consensus of $0.94. The company had revenue of $100.50 million for the quarter, compared to analysts expectations of $97.30 million. The companys revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Ambarella Inc was Reiterated by Stifel on Dec 2, 2016 to Buy, Lowers Price Target to $ 84 from a previous price target of $86 .
Ambarella, Inc. (NASDAQ:AMBA) : On Friday heightened volatility was witnessed in Ambarella, Inc. (NASDAQ:AMBA) which led to swings in the share price. The stock opened for trading at $49.5 and hit $51.98 on the upside , eventually ending the session at $51.58, with a gain of 2.04% or 1.03 points. The heightened volatility saw the trading volume jump to 1,664,300 shares. The 52-week high of the share price is $74.949 and the company has a market cap of $1,708 million. The 52-week low of the share price is at $33.3908 .
Ambarella, Inc. develops video compression and image processing semiconductors. The Companys products are used in digital still cameras, digital camcorders, and video-enabled mobile phones. Ambarella sells its solutions to original design manufacturers and original equipment manufacturers. Its technology is also used in television broadcasting infrastructure systems. Ambarella, Inc. is headquartered in Santa Clara, California.