Farmmi Inc (NASDAQ: FAMI) Now $0.17 Higher From Its Low (0.06), Does It Still Have A Growth Story?

Farmmi Inc (NASDAQ:FAMI) currently has a daily average trading volume of 672.22K but it saw 3304662 shares traded in last market. With a market cap of 2.51M USD, the company’s current market price of $0.23 came rising about 16.82 while comparing to the previous closing price of $0.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.64 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.2076 while lowest mark touched by it was $0.2389.

Taking a look at 20-day trading activity of Farmmi Inc (FAMI) gives us an average price of $0.3383, while its current price level is -91.11% below from 52-week high level whereas it is 41.96% 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 $0.4809 while that of 200 days or SMA-200 reads an average of $0.8497. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.52% during that period while stretching the period over a month that increases to 9.80%. 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 27.46 which implies that the stock is in oversold territory.

Over the week, FAMI’s stock price is moving 18.65% up while it is -56.66% when we observe its performance for the past one month. Year-to-date it is -81.06% down and over the past year, the stock is showing a downside performance of -89.96%.

Currently, Farmmi Inc’s total number of outstanding shares is 10.68M. Company’s return on investment (ROI) stands at 0.97% and return on equity (ROE) at 0.98%. It has a price to earnings ratio (P/E ratio) of 1.13. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 0.01 while price to sale or P/S ratio amounts to 0.03. Its return on asset (ROA) is 0.92% on average.