Ambarella Inc. (NASDAQ:AMBA) is a provider of semiconductor processing solutions which enable to capture, sharing and display HD videos. The Company's system on chip integrates all components of computer or other electronic system into a single chip, and designing for HD video processing, audio processing and image processing.
On Monday, shares of Ambarella jumped up 7.42% to $62.81. The daily volume was measured at 4,358,646 shares, and total shares outstanding are 31.66 million. Stock price of Ambarella rose by 7.42% last week, and in total increased 24.67% last month. Moreover, this company has dropped 34.32% during the last quarter. The 52-week high of the share price is $129.19 and the 52-week low is $44.45. Ambarella has a market cap of $1,989 million.
After opening at $63.50 on Tuesday morning, Ambarella decreased 4.46% to $60.01during day trading. Until now, almost 2.05 million shares have changed hands in this session.
According to Ambarella’s announcement, the company will hold third quarter fiscal year 2016 conference call on Thursday, Dec. 3, 2015. The company will issue its earnings release after the market closes on Thursday.
Total of 17 analysts reported recommendations for Ambarella’s stock, 11 of them rate suggest to buy, 1 of them suggest to sell while 5 analysts suggest to hold. This company has 65% positive expectation. Analysts predict earnings per share will be $0.71 which will be an increase 24.56% compare with last year $0.57 earnings per share. Ambarella’sprofitwill be $22.46M if the $0.71 earnings per share becomes reality.