Above Food Ingredients Inc (NASDAQ:ABVE) does about 163.54K shares in volume on a normal day but saw 3535185 shares change hands in the recent trading day. The company now has a market cap of 23.82M USD. Its current market price is $0.81, marking an increase of 26.40% compared to the previous close of $0.64. The 52 week high reached by this stock is $13.50 whilst the lowest price level in 52 weeks is $0.34.
Above Food Ingredients Inc (ABVE) has a 20-day trading average at $0.5074 and the current price is -93.97% off the 52-week high compared with 139.41% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5369 and its 200-day simple moving average is $5.3896. If we look at the stock’s price movements over the week, volatility stands at 25.88%, which decreases to 19.43% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 71.16 to suggest the stock is overbought.
The current price level is 60.44%, 51.61%, and -84.90% away from its SMA20, SMA50, and SMA200 respectively, with the ABVE price moving below the 50-day SMA on current market day. Above Food Ingredients Inc (ABVE) stock is up 56.54% over the week and 35.67% over the past month. Its price is -92.31% year-to-date and -92.23% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
The company has a return on investment of -1.24% and return on equity of -1.06%. The beta has a value of 0.26. Price to book ratio is 0.31.
