Abpro Holdings Inc (NASDAQ:ABP) does about 13.92M shares in volume on a normal day but saw 27418628 shares change hands in the recent trading day. The company now has a market cap of 13.81M USD. Its current market price is $0.23, marking an increase of 11.43% compared to the previous close of $0.2. The 52 week high reached by this stock is $13.00 whilst the lowest price level in 52 weeks is $0.15.
Abpro Holdings Inc (ABP) has a 20-day trading average at $0.2056 and the current price is -98.25% off the 52-week high compared with 49.87% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2173 and its 200-day simple moving average is $2.5127. If we look at the stock’s price movements over the week, volatility stands at 14.37%, which decreases to 10.55% 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 54.71 to suggest the stock is neutral.
The consensus objective for the share price is $2.00, suggesting that the stock has a potential upside of 88.5% over the period.
The current price level is 10.51%, 4.49%, and -90.96% away from its SMA20, SMA50, and SMA200 respectively, with the ABP price moving below the 50-day SMA on current market day. Abpro Holdings Inc (ABP) stock is up 14.81% over the week and 8.71% over the past month. Its price is -97.88% year-to-date and -87.31% over the past year.
To reach the target analysts have set, the stock logically needs to grow 88.5 percent from here.
Outstanding shares total 50.98M with insiders holding 48.34% of the shares and institutional holders owning 2.60% of the company’s common stock. The company has a return on equity of -35.20%. The beta has a value of 0.00.
