Abits Group Inc (NASDAQ:ABTS) currently has a daily average trading volume of 133.32K but it saw 7016620 shares traded in last market. With a market cap of 35.33M USD, the company’s current market price of $0.69 came rising about 44.27 while comparing to the previous closing price of $0.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.60 and as low as $0.38. In the recent trading on the day, stock has struck highest price mark of $0.4778 while lowest mark touched by it was $0.9397.
Taking a look at 20-day trading activity of Abits Group Inc (ABTS) gives us an average price of $0.5381, while its current price level is -56.94% below from 52-week high level whereas it is 83.22% 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 $0.5582 while that of 200 days or SMA-200 reads an average of $0.5819. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.26% during that period while stretching the period over a month that decreases to 16.40%. 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 62.95 which implies that the stock is in neutral territory.
Over the week, ABTS’s stock price is moving 54.91% up while it is 11.25% when we observe its performance for the past one month. Year-to-date it is -39.58% down and over the past year, the stock is showing a downside performance of -39.58%.
Currently, Abits Group Inc’s total number of outstanding shares is 35.55M. Company’s return on investment (ROI) stands at -80.63% and return on equity (ROE) at -57.31%. Stock’s beta reads 2.73. Stock has a price to book (P/B) ratio of 2.17 while price to sale or P/S ratio amounts to 6.62. Its return on asset (ROA) is -54.79% on average.
