Amber Road Inc (NYSE:AMBR) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Boasting a price of $9.76, Amber Road Inc (NYSE:AMBR) traded 0.10% higher on the day. The last closing price is up 29.21% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. AMBR has recorded a 50-day average of $10.23 and a two hundred day average of $7.55. Trade Volume was down over the average, with 104,966 shares of AMBR changing hands under the typical 275,567
Zacks Investment Research has downgraded Amber Road Inc (NYSE:AMBR) to Hold in a statement released on 10/04/2016.
On Friday August 05, 2016, Stifel Nicolaus released a statement on Amber Road Inc (NYSE:AMBR) bumped up the target price from $10.00 to $12.00 that suggested an upside of 0.24%.
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Amber Road Inc has a 52 week low of $3.42 and a 52 week high of $11.29 The company’s market cap is currently $0.
Also covering Amber Road Inc's target, a total of 6 equity analysts have released a research note on AMBR. The one year target is $9.75 with zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis About Amber Road Inc (NYSE:AMBR)
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. The Company delivers its GTM solution using a software-as-a-service (SaaS) model. The Company's solution automates the global supply chain across sourcing, logistics, cross-border trade and regulatory compliance activities. The Company's GTM solution combines enterprise-class software, trade content sourced from government agencies and transportation providers in approximately 145 countries, and a global supply chain network connecting its customers with the trading partners, including suppliers, freight forwarders, customs brokers and transportation carriers.
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