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 price of Farmmi Inc (NASDAQ: FAMI) closed at $0.29 in the last session, up 7.39% from day before closing price of $0.27. In other words, the price has increased by $7.39 from its previous closing price. On the day, 0.5 million shares were traded. FAMI stock price reached its highest trading level at $0.2972 during the session, while it also had its lowest trading level at $0.261.
Ratios:
We take a closer look at FAMI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 21.81. In the meantime, Its Debt-to-Equity ratio is 0.04 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, FAMI now has a Market Capitalization of 3118268 and an Enterprise Value of 7255799. As of this moment, Farmmi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 0.084 whereas that against EBITDA is 2.868.
Stock Price History:
Over the past 52 weeks, FAMI has reached a high of $2.35, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -3.44%, while the 200-Day Moving Average is calculated to be -47.42%.
Shares Statistics:
According to the various share statistics, FAMI traded on average about 1.21M shares per day over the past 3-months and 316270 shares per day over the past 10 days. A total of 10.68M shares are outstanding, with a floating share count of 10.63M. Insiders hold about 0.44% of the company’s shares, while institutions hold 2.39% stake in the company. Shares short for FAMI as of 1732838400 were 869847 with a Short Ratio of 0.72, compared to 1730332800 on 571598. Therefore, it implies a Short% of Shares Outstanding of 869847 and a Short% of Float of 8.180001.
