ValuEngine downgraded shares of Amber Road (NYSE:AMBR) from a hold rating to a sell rating in a report published on Wednesday.
A number of other equities analysts have also recently weighed in on AMBR. Needham & Company LLC lifted their price target on Amber Road from $11.00 to $13.00 and gave the stock a buy rating in a research note on Friday, February 16th. Canaccord Genuity cut Amber Road from a buy rating to a hold rating and lifted their price target for the stock from $9.74 to $10.00 in a research note on Friday, February 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Amber Road currently has an average rating of Hold and an average target price of $11.75.
Amber Road (AMBR) opened at $9.54 on Wednesday. The firm has a market capitalization of $261.16, a PE ratio of -20.30 and a beta of 0.35. Amber Road has a 12 month low of $6.14 and a 12 month high of $10.29. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.64 and a quick ratio of 0.64.
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Amber Road Company Profile
Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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