Above Food Ingredients Inc (NASDAQ:ABVE) does about 492.04K shares in volume on a normal day but saw 8101737 shares change hands in the recent trading day. The company now has a market cap of 37.38M USD. Its current market price is $1.31, marking an increase of 45.85% compared to the previous close of $0.90. The 52 week high reached by this stock is $13.50 whilst the lowest price level in 52 weeks is $0.25.
Above Food Ingredients Inc (ABVE) has a 20-day trading average at $0.5856 and the current price is -90.30% off the 52-week high compared with 423.79% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5190 and its 200-day simple moving average is $0.6917. If we look at the stock’s price movements over the week, volatility stands at 36.61%, which decreases to 26.92% 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 86.47 to suggest the stock is overbought.
The current price level is 123.69%, 152.42%, and 89.38% away from its SMA20, SMA50, and SMA200 respectively, with the ABVE price moving below the 50-day SMA on current market day. Above Food Ingredients Inc (ABVE) stock is up 143.49% over the week and 124.28% over the past month. Its price is 142.59% year-to-date and -87.38% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 28.53M with insiders holding 19.12% of the shares and institutional holders owning 0.31% of the company’s common stock. The company has a return on investment of -1.24% and return on equity of -1.06%. The beta has a value of -0.02. Price to book ratio is 0.49.
