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 $3.43 down -4.72% from the previous closing price of $3.6. In other words, the price has decreased by -$4.72 from its previous closing price. On the day, 2.16 million shares were traded. ABVE stock price reached its highest trading level at $3.97 during the session, while it also had its lowest trading level at $3.355.
Ratios:
For a better understanding of ABVE, let’s look at its different 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 175588048 and an Enterprise Value of 231042656. Its current Enterprise Value per Revenue stands at 0.784 whereas that against EBITDA is -5.727.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.13, which has changed by 7.866995 over the last 52 weeks, in comparison to a change of 0.18286073 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 19.92%, while the 200-Day Moving Average is calculated to be 129.18%.
Shares Statistics:
Over the past 3-months, ABVE traded about 3.42M shares per day on average, while over the past 10 days, ABVE traded about 3461920 shares per day. A total of 51.19M shares are outstanding, with a floating share count of 45.27M. Insiders hold about 11.58% of the company’s shares, while institutions hold 0.80% stake in the company. Shares short for ABVE as of 1760486400 were 1641908 with a Short Ratio of 0.48, compared to 1757894400 on 1634307. Therefore, it implies a Short% of Shares Outstanding of 1641908 and a Short% of Float of 3.74.
