Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of ABVC BioPharma Inc (NASDAQ: ABVC) was $3.51 for the day, down -11.59% from the previous closing price of $3.97. In other words, the price has decreased by -$11.59 from its previous closing price. On the day, 0.72 million shares were traded. ABVC stock price reached its highest trading level at $4.02 during the session, while it also had its lowest trading level at $3.38.
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 0.22 and its Current Ratio is at 0.22. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 59605416 and an Enterprise Value of 40910892. For the stock, the TTM Price-to-Sale (P/S) ratio is 116.88 while its Price-to-Book (P/B) ratio in mrq is 9.99. Its current Enterprise Value per Revenue stands at 80.472 whereas that against EBITDA is -16.22.
Stock Price History:
The Beta on a monthly basis for ABVC is 0.24, which has changed by 3.443038 over the last 52 weeks, in comparison to a change of 0.10611236 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 80.40%, while the 200-Day Moving Average is calculated to be 264.22%.
Shares Statistics:
ABVC traded an average of 418.38K shares per day over the past three months and 1085670 shares per day over the past ten days. A total of 15.38M shares are outstanding, with a floating share count of 14.55M. Insiders hold about 14.33% of the company’s shares, while institutions hold 1.69% stake in the company. Shares short for ABVC as of 1749772800 were 507135 with a Short Ratio of 1.54, compared to 1747267200 on 444395. Therefore, it implies a Short% of Shares Outstanding of 507135 and a Short% of Float of 3.5700000000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
