AmBase (OTCMKTS:ABCP) Announces Quarterly Earnings Results

AmBase (OTCMKTS:ABCP) announced its quarterly earnings results on Monday. The financial services provider reported ($0.01) EPS for the quarter, Zacks reports.

AmBase Stock Performance

Shares of OTCMKTS ABCP remained flat at $0.16 during mid-day trading on Tuesday. 7,200 shares of the stock were exchanged, compared to its average volume of 41,366. The business has a fifty day moving average of $0.18 and a 200-day moving average of $0.22. The company has a market capitalization of $13.59 million, a PE ratio of -3.20 and a beta of 0.65. AmBase has a 52-week low of $0.14 and a 52-week high of $0.35.

About AmBase

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.