Above Food Ingredients Inc (NASDAQ:ABVE) currently has a daily average trading volume of 851.50K but it saw 728305 shares traded in last market. With a market cap of 33.67M USD, the company’s current market price of $1.18 came falling about -13.87 while comparing to the previous closing price of $1.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.50 and as low as $0.25.
Taking a look at 20-day trading activity of Above Food Ingredients Inc (ABVE) gives us an average price of $1.0380, while its current price level is -91.26% below from 52-week high level whereas it is 371.81% 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 $0.7053 while that of 200 days or SMA-200 reads an average of $0.6660. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.04% during that period while stretching the period over a month that increases to 39.41%. 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 54.07 which implies that the stock is in neutral territory.
Over the week, ABVE’s stock price is moving 30.24% up while it is 114.47% when we observe its performance for the past one month. Year-to-date it is 118.52% up and over the past year, the stock is showing a downside performance of -86.51%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Above Food Ingredients Inc’s total number of outstanding shares is 28.53M with 19.12% of that held by the insiders while 2.13% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.24% and return on equity (ROE) at -1.06%. Stock’s beta reads -0.26. Stock has a price to book (P/B) ratio of 0.44. Its return on asset (ROA) is -0.94% on average.
