Abpro Holdings Inc (NASDAQ:ABP) currently has a daily average trading volume of 36.19K but it saw 16911882 shares traded in last market. With a market cap of 76.76M USD, the company’s current market price of $1.49 came rising about 35.45 while comparing to the previous closing price of $1.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.00 and as low as $1.09. In the recent trading on the day, stock has struck highest price mark of $0.95 while lowest mark touched by it was $2.22.
Taking a look at 20-day trading activity of Abpro Holdings Inc (ABP) gives us an average price of $2.0593, while its current price level is -88.54% below from 52-week high level whereas it is 36.70% 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 $6.6659 while that of 200 days or SMA-200 reads an average of $9.7796. A closer look into the stock’s movement over the week reveals that its volatility is standing at 45.45% during that period while stretching the period over a month that decreases to 26.02%. 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 22.82 which implies that the stock is in oversold territory.
Over the week, ABP’s stock price is moving -6.88% down while it is -58.95% when we observe its performance for the past one month. Year-to-date it is -85.92% down and over the past year, the stock is showing a downside performance of -85.63%.
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, Abpro Holdings Inc’s total number of outstanding shares is 51.52M with 47.59% of that held by the insiders while 0.75% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at -35.20%. Stock’s beta reads -0.18. Its return on asset (ROA) is -7.62% on average.
