In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Above Food Ingredients Inc (NASDAQ: ABVE) closed the day trading at $1.85 up 1.65% from the previous closing price of $1.82. In other words, the price has increased by $1.65 from its previous closing price. On the day, 1.17 million shares were traded. ABVE stock price reached its highest trading level at $1.895 during the session, while it also had its lowest trading level at $1.78.
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 94704832 and an Enterprise Value of 185960960. Its current Enterprise Value per Revenue stands at 0.631 whereas that against EBITDA is -4.609.
Stock Price History:
The Beta on a monthly basis for ABVE is -0.23, which has changed by 0.5226338 over the last 52 weeks, in comparison to a change of 0.15222645 over the same period for the S&P500. Over the past 52 weeks, ABVE has reached a high of $4.40, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 16.04%, while the 200-Day Moving Average is calculated to be 109.04%.
Shares Statistics:
Over the past 3-months, ABVE traded about 17.31M shares per day on average, while over the past 10 days, ABVE traded about 1673050 shares per day. A total of 51.19M shares are outstanding, with a floating share count of 50.18M. Insiders hold about 1.98% of the company’s shares, while institutions hold 0.57% stake in the company. Shares short for ABVE as of 1753920000 were 1064836 with a Short Ratio of 0.06, compared to 1751241600 on 57941. Therefore, it implies a Short% of Shares Outstanding of 1064836 and a Short% of Float of 2.4300002000000003.
