Antelope Enterprise Holdings Ltd (NASDAQ: AEHL) – Time For Strategy Change?

Antelope Enterprise Holdings Ltd (NASDAQ:AEHL) currently has a daily average trading volume of 1.22M but it saw 3715707 shares traded in last market. With a market cap of 2.93M USD, the company’s current market price of $0.18 came falling about -22.18 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.41 and as low as $0.16. In the recent trading on the day, stock has struck highest price mark of $0.171 while lowest mark touched by it was $0.222.

Taking a look at 20-day trading activity of Antelope Enterprise Holdings Ltd (AEHL) gives us an average price of $0.2286, while its current price level is -97.25% below from 52-week high level whereas it is 9.65% 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 $0.3456 while that of 200 days or SMA-200 reads an average of $1.6726. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.51% during that period while stretching the period over a month that decreases to 17.05%. 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 34.14 which implies that the stock is in neutral territory.

Over the week, AEHL’s stock price is moving -13.25% down while it is -37.60% when we observe its performance for the past one month. Year-to-date it is -93.21% down and over the past year, the stock is showing a downside performance of -91.85%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Antelope Enterprise Holdings Ltd’s total number of outstanding shares is 16.65M. Company’s return on investment (ROI) stands at -56.73% and return on equity (ROE) at -81.91%. Stock’s beta reads 1.33. Stock has a price to book (P/B) ratio of 0.13 while price to sale or P/S ratio amounts to 0.04. Its return on asset (ROA) is -57.87% on average.