Ideas And Forecasts On Farmmi Inc (NASDAQ: FAMI)

Farmmi Inc (NASDAQ:FAMI) currently has a daily average trading volume of 1.51M but it saw 27327976 shares traded in last market. With a market cap of 4.13M USD, the company’s current market price of $0.39 came rising about 22.82 while comparing to the previous closing price of $0.32. 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 $0.325 while lowest mark touched by it was $0.526.

Taking a look at 20-day trading activity of Farmmi Inc (FAMI) gives us an average price of $0.2912, while its current price level is -83.53% below from 52-week high level whereas it is 133.98% 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 $0.2987 while that of 200 days or SMA-200 reads an average of $0.7127. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.29% during that period while stretching the period over a month that decreases to 16.61%. 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 66.70 which implies that the stock is in neutral territory.

Over the week, FAMI’s stock price is moving 23.68% up while it is 64.12% when we observe its performance for the past one month. Year-to-date it is -68.79% down and over the past year, the stock is showing a downside performance of -72.36%.

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 1.86. Stock’s beta reads 1.23. Stock has a price to book (P/B) ratio of 0.02 while price to sale or P/S ratio amounts to 0.05. Its return on asset (ROA) is 0.92% on average.