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Above Food Ingredients Inc (NASDAQ: ABVE) closed the day trading at $2.57 up 20.09% from the previous closing price of $2.14. In other words, the price has increased by $20.09 from its previous closing price. On the day, 7.81 million shares were traded. ABVE stock price reached its highest trading level at $2.64 during the session, while it also had its lowest trading level at $2.2105.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABVE now has a Market Capitalization of 131563048 and an Enterprise Value of 206504512. Its current Enterprise Value per Revenue stands at 0.7 whereas that against EBITDA is -5.119.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.26, which has changed by 3.540636 over the last 52 weeks, in comparison to a change of 0.16766965 over the same period for the S&P500. Over the past 52 weeks, ABVE has reached a high of $4.40, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 44.11%, while the 200-Day Moving Average is calculated to be 137.09%.
Shares Statistics:
Over the past 3-months, ABVE traded about 17.94M shares per day on average, while over the past 10 days, ABVE traded about 3427130 shares per day. A total of 51.19M shares are outstanding, with a floating share count of 45.27M. Insiders hold about 11.58% of the company’s shares, while institutions hold 0.57% stake in the company. Shares short for ABVE as of 1757894400 were 1634307 with a Short Ratio of 0.09, compared to 1755216000 on 1135053. Therefore, it implies a Short% of Shares Outstanding of 1634307 and a Short% of Float of 3.7199999999999998.
