The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Above Food Ingredients Inc (NASDAQ: ABVE) closed at $0.41 down -14.41% from its previous closing price of $0.48. In other words, the price has decreased by -$14.41 from its previous closing price. On the day, 0.36 million shares were traded. ABVE stock price reached its highest trading level at $0.51 during the session, while it also had its lowest trading level at $0.41.
Ratios:
For a deeper understanding of Above Food Ingredients Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.03 and its Current Ratio is at 0.03. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 11716350 and an Enterprise Value of 128305248. Its current Enterprise Value per Revenue stands at 0.348 whereas that against EBITDA is -3.489.
Stock Price History:
The Beta on a monthly basis for ABVE is 0.42, which has changed by -0.88981235 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, ABVE has reached a high of $13.50, while it has fallen to a 52-week low of $0.34. The 50-Day Moving Average of the stock is -21.96%, while the 200-Day Moving Average is calculated to be -89.49%.
Shares Statistics:
For the past three months, ABVE has traded an average of 373.62K shares per day and 186420 over the past ten days. A total of 28.53M shares are outstanding, with a floating share count of 28.00M. Insiders hold about 1.86% of the company’s shares, while institutions hold 0.21% stake in the company. Shares short for ABVE as of 1734048000 were 173997 with a Short Ratio of 0.47, compared to 1731628800 on 31407. Therefore, it implies a Short% of Shares Outstanding of 173997 and a Short% of Float of 0.8200000000000001.
Earnings Estimates
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.
