AmBase Co. (OTCMKTS:ABCP) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.22 and traded as low as $0.22. AmBase shares last traded at $0.22, with a volume of 7,804 shares changing hands.
The firm has a market cap of $9.04 million, a P/E ratio of -1.71 and a beta of 0.89. The company has a 50 day moving average of $0.22 and a 200 day moving average of $0.25.
AmBase (OTCMKTS:ABCP) last posted its earnings results on Thursday, May 7th. The financial services provider reported ($0.03) earnings per share for the quarter.
AmBase Corporation does not have significant operations. Previously, it invested in a real estate development property in New York, New York; and owned, operated, and managed a commercial office building. AmBase Corporation was incorporated in 1975 and is headquartered in Boca Raton, Florida.
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