Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, Above Food Ingredients Inc’s stock clocked out at $5.06, up 17.13% from its previous closing price of $4.32. In other words, the price has increased by $17.13 from its previous closing price. On the day, 5.29 million shares were traded. ABVE stock price reached its highest trading level at $5.16 during the session, while it also had its lowest trading level at $4.57.
Ratios:
To gain a deeper understanding of ABVE’s stock, we examine its different ratios.
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 259030752 and an Enterprise Value of 277550976. Its current Enterprise Value per Revenue stands at 0.941 whereas that against EBITDA is -6.88.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.47, which has changed by 7.1509438 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, ABVE has reached a high of $5.95, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 130.38%, while the 200-Day Moving Average is calculated to be 306.99%.
Shares Statistics:
It appears that ABVE traded 6.92M shares on average per day over the past three months and 9098780 shares per day over the past ten days. 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 0.62% stake in the company. Shares short for ABVE as of 1759190400 were 2082420 with a Short Ratio of 0.30, compared to 1756425600 on 1330286. Therefore, it implies a Short% of Shares Outstanding of 2082420 and a Short% of Float of 4.7399998.
