Market Insight: Fermi Inc (FRMI)’s Notable Drop%, Closing at $27.0

Kevin Freeman

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

In the latest session, Fermi Inc (NASDAQ: FRMI) closed at $27.0 down -8.97% from its previous closing price of $29.66. In other words, the price has decreased by -$8.97 from its previous closing price. On the day, 3.39 million shares were traded. FRMI stock price reached its highest trading level at $28.705 during the session, while it also had its lowest trading level at $26.7096.

Ratios:

For a deeper understanding of Fermi Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.54 and its Current Ratio is at 2.54. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FRMI now has a Market Capitalization of 16137161728.

Stock Price History:

Over the past 52 weeks, FRMI has reached a high of $36.99, while it has fallen to a 52-week low of $24.30. The 50-Day Moving Average of the stock is -5.61%, while the 200-Day Moving Average is calculated to be -5.61%.

Shares Statistics:

For the past three months, FRMI has traded an average of 10.37M shares per day and 5284790 over the past ten days. A total of 592.80M shares are outstanding, with a floating share count of 298.66M.

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