Farmmi Inc (FAMI) Down -89.46% From Its 52-Week High, But Growth Potential Is Changing Over Time

Farmmi Inc (NASDAQ:FAMI) currently has a daily average trading volume of 745.04K but it saw 1035154 shares traded in last market. With a market cap of 2.65M USD, the company’s current market price of $0.25 came rising about 4.91 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.35 and as low as $0.17. In the recent trading on the day, stock has struck highest price mark of $0.2392 while lowest mark touched by it was $0.262.

Taking a look at 20-day trading activity of Farmmi Inc (FAMI) gives us an average price of $0.2231, while its current price level is -89.46% below from 52-week high level whereas it is 49.76% 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 $0.4041 while that of 200 days or SMA-200 reads an average of $0.7960. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.39% during that period while stretching the period over a month that increases to 8.68%. 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 38.27 which implies that the stock is in neutral territory.

Over the week, FAMI’s stock price is moving 2.69% up while it is 6.58% when we observe its performance for the past one month. Year-to-date it is -80.02% down and over the past year, the stock is showing a downside performance of -83.49%.

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 1.19. Stock’s beta reads 1.24. 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.