Is it Time to Dump Ambac Financial Group, Inc. (AMBC) Stock After it Has Gained 15.34% in a Week?

Overall market sentiment has been high on Ambac Financial Group, Inc. (AMBC) stock lately. AMBC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Ambac Financial Group, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AMBC!

See Full AMBC Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With AMBC Stock Today?

Ambac Financial Group, Inc. (AMBC) stock has gained 7.16% while the S&P 500 is lower by -0.29% as of 1:22 PM on Thursday, Nov 9. AMBC is up $0.96 from the previous closing price of $13.40 on volume of 735,549 shares. Over the past year the S&P 500 is higher by 14.15% while AMBC is up 5.36%. AMBC lost -$2.78 per share in the over the last 12 months. To screen for more stocks like Ambac Financial Group, Inc. click here.

More About Ambac Financial Group, Inc.

Ambac Financial Group Inc is engaged in providing financial guarantee policies to clients in both private and public sectors. The revenues earned from financial guarantees include premiums, and amendment and consent fees. The company has only one operating segment. Click Here to get the full Stock Report for Ambac Financial Group, Inc. stock.