Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Above Food Ingredients Inc (NASDAQ: ABVE) closed the day trading at $1.69 up 7.64% from the previous closing price of $1.57. In other words, the price has increased by $7.64 from its previous closing price. On the day, 1.88 million shares were traded. ABVE stock price reached its highest trading level at $1.89 during the session, while it also had its lowest trading level at $1.58.
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 86514224 and an Enterprise Value of 181395728. Its current Enterprise Value per Revenue stands at 0.615 whereas that against EBITDA is -4.496.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.01, which has changed by 2.1886792 over the last 52 weeks, in comparison to a change of 0.14402747 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 -45.69%, while the 200-Day Moving Average is calculated to be -7.16%.
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 2265700 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.
