Spotting A Winner: Farmmi Inc (NASDAQ: FAMI) Advances 6.42 And It Still Have Room To Run

Farmmi Inc (NASDAQ:FAMI) currently has a daily average trading volume of 2.08M but it saw 1275476 shares traded in last market. With a market cap of 3.68M USD, the company’s current market price of $0.25 came rising about 6.42 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.18 and as low as $0.17.

Taking a look at 20-day trading activity of Farmmi Inc (FAMI) gives us an average price of $0.2536, while its current price level is -78.44% below from 52-week high level whereas it is 53.39% 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 $0.2805 while that of 200 days or SMA-200 reads an average of $0.4202. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.55% during that period while stretching the period over a month that decreases to 8.24%. 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 46.36 which implies that the stock is in neutral territory.

Over the week, FAMI’s stock price is moving 0.91% up while it is -4.34% when we observe its performance for the past one month. Year-to-date it is -15.46% down and over the past year, the stock is showing a downside performance of -76.51%.

Currently, Farmmi Inc’s total number of outstanding shares is 14.53M with 0.33% of that held by the insiders while 2.53% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -2.64% and return on equity (ROE) at -2.80%. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 0.02 while price to sale or P/S ratio amounts to 0.06. Its return on asset (ROA) is -2.57% on average.