Abpro Holdings Inc (NASDAQ:ABP) does about 789.35K shares in volume on a normal day but saw 2031811 shares change hands in the recent trading day. The company now has a market cap of 347.04M USD. Its current market price is $4.49, marking an increase of 49.17% compared to the previous close of $3.01. The 52 week high reached by this stock is $13.00 whilst the lowest price level in 52 weeks is $0.95.
Abpro Holdings Inc (ABP) has a 20-day trading average at $2.03 and the current price is -65.46% off the 52-week high compared with 372.63% distance from its 52-week low. The 50-day simple moving average of the closing price is $5.83 and its 200-day simple moving average is $9.59. If we look at the stock’s price movements over the week, volatility stands at 71.90%, which decreases to 39.48% 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 63.00 to suggest the stock is neutral.
The current price level is 120.91%, -23.04%, and -53.17% away from its SMA20, SMA50, and SMA200 respectively, with the ABP price moving above the 50-day SMA on current market day. Abpro Holdings Inc (ABP) stock is up 201.34% over the week and 54.83% over the past month. Its price is -57.56% year-to-date and -56.83% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 51.52M with insiders holding 47.59% of the shares and institutional holders owning 0.75% of the company’s common stock. The company has a return on equity of -35.20%. The beta has a value of -0.45.
