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.
Above Food Ingredients Inc (NASDAQ: ABVE) closed the day trading at $1.75 down -15.22% from the previous closing price of $2.07. In other words, the price has decreased by -$15.22 from its previous closing price. On the day, 2.69 million shares were traded. ABVE stock price reached its highest trading level at $2.14 during the session, while it also had its lowest trading level at $1.75.
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 89841696 and an Enterprise Value of 183250352. Its current Enterprise Value per Revenue stands at 0.622 whereas that against EBITDA is -4.542.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.07, which has changed by 3.7260275 over the last 52 weeks, in comparison to a change of 0.12838376 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 -46.78%, while the 200-Day Moving Average is calculated to be -2.12%.
Shares Statistics:
Over the past 3-months, ABVE traded about 3.76M shares per day on average, while over the past 10 days, ABVE traded about 2027500 shares per day. 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 1764288000 were 611876 with a Short Ratio of 0.16, compared to 1761868800 on 918990. Therefore, it implies a Short% of Shares Outstanding of 611876 and a Short% of Float of 1.39.
