Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $2.57 in the prior trading day, ABVC BioPharma Inc (NASDAQ: ABVC) closed at $2.67, up 3.89%. In other words, the price has increased by $3.89 from its previous closing price. On the day, 65568.0 shares were traded. ABVC stock price reached its highest trading level at $2.7499 during the session, while it also had its lowest trading level at $2.5728.
Ratios:
Our goal is to gain a better understanding of ABVC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.63. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.01.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ABVC now has a Market Capitalization of 64883908 and an Enterprise Value of 65632320. For the stock, the TTM Price-to-Sale (P/S) ratio is 81.10 while its Price-to-Book (P/B) ratio in mrq is 5.36. Its current Enterprise Value per Revenue stands at 82.255 whereas that against EBITDA is -13.449.
Stock Price History:
The Beta on a monthly basis for ABVC is 0.25, which has changed by 3.8490567 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, ABVC has reached a high of $5.48, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -8.52%, while the 200-Day Moving Average is calculated to be 26.52%.
Shares Statistics:
The stock has traded on average 81.17K shares per day over the past 3-months and 63650 shares per day over the last 10 days, according to various share statistics. A total of 24.19M shares are outstanding, with a floating share count of 21.54M. Insiders hold about 11.37% of the company’s shares, while institutions hold 3.23% stake in the company. Shares short for ABVC as of 1763078400 were 385898 with a Short Ratio of 4.75, compared to 1760486400 on 428271. Therefore, it implies a Short% of Shares Outstanding of 385898 and a Short% of Float of 1.79.
