Fresh2 Group Ltd ADR (NASDAQ: FRES) Recovers 101.73% From 52-Week Low, Is FRES Still A High-Risk, High-Reward Play?

Fresh2 Group Ltd ADR (NASDAQ:FRES) currently has a daily average trading volume of 275.58K but it saw 1430173 shares traded in last market. With a market cap of 8.84M USD, the company’s current market price of $0.61 came rising about 35.65 while comparing to the previous closing price of $0.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.58 and as low as $0.30.

Taking a look at 20-day trading activity of Fresh2 Group Ltd ADR (FRES) gives us an average price of $0.4222, while its current price level is -86.79% below from 52-week high level whereas it is 101.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4479 while that of 200 days or SMA-200 reads an average of $0.8504. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.16% during that period while stretching the period over a month that decreases to 21.84%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 67.66 which implies that the stock is in neutral territory.

Over the week, FRES’s stock price is moving 63.51% up while it is 30.11% when we observe its performance for the past one month. Year-to-date it is -32.02% down and over the past year, the stock is showing a downside performance of -86.50%.

Currently, Fresh2 Group Ltd ADR’s total number of outstanding shares is 14.61M. Company’s return on investment (ROI) stands at -121.36% and return on equity (ROE) at -195.08%. Stock’s beta reads 1.33. Stock has a price to book (P/B) ratio of 0.43 while price to sale or P/S ratio amounts to 5.20. Its return on asset (ROA) is -82.91% on average.