ABVC BioPharma Inc’s Market Journey: Closing Strong at 1.59, Up 7.43

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The closing price of ABVC BioPharma Inc (NASDAQ: ABVC) was $1.59 for the day, up 7.43% from the previous closing price of $1.48. In other words, the price has increased by $7.43 from its previous closing price. On the day, 5.28 million shares were traded. ABVC stock price reached its highest trading level at $1.73 during the session, while it also had its lowest trading level at $1.36.

Ratios:

Our analysis of ABVC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.28 and its Current Ratio is at 0.28. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.05.

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 16791036 and an Enterprise Value of 18802466. For the stock, the TTM Price-to-Sale (P/S) ratio is 111.94 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 123.351 whereas that against EBITDA is -2.296.

Stock Price History:

The Beta on a monthly basis for ABVC is 0.71, which has changed by -0.76617646 over the last 52 weeks, in comparison to a change of 0.21080327 over the same period for the S&P500. Over the past 52 weeks, ABVC has reached a high of $9.60, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 32.40%, while the 200-Day Moving Average is calculated to be 4.95%.

Shares Statistics:

ABVC traded an average of 971.26K shares per day over the past three months and 2397240 shares per day over the past ten days. A total of 10.56M shares are outstanding, with a floating share count of 8.68M. Insiders hold about 17.84% of the company’s shares, while institutions hold 1.05% stake in the company. Shares short for ABVC as of 1713139200 were 532979 with a Short Ratio of 0.55, compared to 1710460800 on 105845. Therefore, it implies a Short% of Shares Outstanding of 532979 and a Short% of Float of 6.909999999999999.

Earnings Estimates

On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.06. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $300k to a low estimate of $300k. As of the current estimate, ABVC BioPharma Inc’s year-ago sales were $313k

A total of 1 analysts have provided revenue estimates for ABVC’s current fiscal year. The highest revenue estimate was $700k, while the lowest revenue estimate was $700k, resulting in an average revenue estimate of $152k. In the same quarter a year ago, actual revenue was $970k

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