Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Above Food Ingredients Inc (NASDAQ: ABVE) closed at $2.63 up 13.36% from its previous closing price of $2.32. In other words, the price has increased by $13.36 from its previous closing price. On the day, 1.96 million shares were traded. ABVE stock price reached its highest trading level at $2.66 during the session, while it also had its lowest trading level at $2.19.
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 134634560 and an Enterprise Value of 208216480. Its current Enterprise Value per Revenue stands at 0.706 whereas that against EBITDA is -5.161.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.05, which has changed by 2.925373 over the last 52 weeks, in comparison to a change of 0.12934029 over the same period for the S&P500. Over the past 52 weeks, ABVE has reached a high of $6.56, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is -15.53%, while the 200-Day Moving Average is calculated to be 57.81%.
Shares Statistics:
For the past three months, ABVE has traded an average of 3.52M shares per day and 1924060 over the past ten days. A total of 51.19M shares are outstanding, with a floating share count of 47.89M. Insiders hold about 6.45% of the company’s shares, while institutions hold 1.89% stake in the company. Shares short for ABVE as of 1763078400 were 276248 with a Short Ratio of 0.08, compared to 1760486400 on 1641908. Therefore, it implies a Short% of Shares Outstanding of 276248 and a Short% of Float of 0.63.
