Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Above Food Ingredients Inc (NASDAQ: ABVE) closed at $1.63 up 1.87% from its previous closing price of $1.6. In other words, the price has increased by $1.87 from its previous closing price. On the day, 0.75 million shares were traded. ABVE stock price reached its highest trading level at $1.63 during the session, while it also had its lowest trading level at $1.56.
Ratios:
For a deeper understanding of Above Food Ingredients Inc’s stock, let’s take a closer look at its various 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 83442712 and an Enterprise Value of 179683760. Its current Enterprise Value per Revenue stands at 0.609 whereas that against EBITDA is -4.454.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.10, which has changed by 1.9636364 over the last 52 weeks, in comparison to a change of 0.15196204 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 -39.83%, while the 200-Day Moving Average is calculated to be -12.68%.
Shares Statistics:
For the past three months, ABVE has traded an average of 3.59M shares per day and 1106320 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 1765756800 were 1034283 with a Short Ratio of 0.29, compared to 1763078400 on 276248. Therefore, it implies a Short% of Shares Outstanding of 1034283 and a Short% of Float of 2.3599999.
