AmBase Corp. (OTCMKTS:ABCP – Get Free Report) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 11,000 shares, a decrease of 30.8% from the March 31st total of 15,900 shares. Based on an average trading volume of 25,579 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are short sold.
AmBase Trading Up 0.1%
ABCP opened at $0.28 on Tuesday. The stock’s 50-day moving average price is $0.18 and its 200 day moving average price is $0.21. AmBase has a 12-month low of $0.14 and a 12-month high of $0.35. The firm has a market cap of $23.78 million, a price-to-earnings ratio of -5.60 and a beta of 0.80.
AmBase (OTCMKTS:ABCP – Get Free Report) last posted its earnings results on Monday, March 30th. The financial services provider reported ($0.01) earnings per share (EPS) for the quarter.
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.
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