Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Above Food Ingredients Inc (NASDAQ: ABVE) closed the day trading at $2.11 up 2.93% from the previous closing price of $2.05. In other words, the price has increased by $2.93 from its previous closing price. On the day, 0.99 million shares were traded. ABVE stock price reached its highest trading level at $2.12 during the session, while it also had its lowest trading level at $1.95.
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 108014792 and an Enterprise Value of 193379472. Its current Enterprise Value per Revenue stands at 0.656 whereas that against EBITDA is -4.793.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.05, which has changed by 2.4166667 over the last 52 weeks, in comparison to a change of 0.17287207 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 -8.41%, while the 200-Day Moving Average is calculated to be 9.00%.
Shares Statistics:
Over the past 3-months, ABVE traded about 2.48M shares per day on average, while over the past 10 days, ABVE traded about 1886790 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 1767139200 were 1147555 with a Short Ratio of 0.46, compared to 1764288000 on 611876. Therefore, it implies a Short% of Shares Outstanding of 1147555 and a Short% of Float of 2.6099999.
