Jerry Y. Carnegie Buys 71,898 Shares of AmBase Co. (OTCMKTS:ABCP) Stock

AmBase Co. (OTCMKTS:ABCP) Director Jerry Y. Carnegie bought 71,898 shares of the business’s stock in a transaction dated Wednesday, May 20th. The stock was purchased at an average price of $0.19 per share, for a total transaction of $13,660.62.

Shares of OTCMKTS ABCP traded up $0.00 during mid-day trading on Friday, hitting $0.18. The stock had a trading volume of 5,658 shares, compared to its average volume of 19,642. The business has a 50 day moving average price of $0.22 and a two-hundred day moving average price of $0.26. AmBase Co. has a 1 year low of $0.12 and a 1 year high of $0.45. The firm has a market cap of $7.44 million, a P/E ratio of -1.40 and a beta of 0.86.

AmBase (OTCMKTS:ABCP) last released its earnings results on Thursday, May 7th. The financial services provider reported ($0.03) EPS for the quarter.

AmBase Company Profile

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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