Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
ABVC BioPharma Inc (NASDAQ: ABVC) closed the day trading at $0.53 down -7.93% from the previous closing price of $0.58. In other words, the price has decreased by -$7.93 from its previous closing price. On the day, 0.25 million shares were traded. ABVC stock price reached its highest trading level at $0.579 during the session, while it also had its lowest trading level at $0.52.
Ratios:
For a better understanding of ABVC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.34. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 6538562 and an Enterprise Value of 8672042. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.59 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 63.58 whereas that against EBITDA is -1.019.
Stock Price History:
Over the past 52 weeks, ABVC has reached a high of $1.73, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -4.22%, while the 200-Day Moving Average is calculated to be -30.88%.
Shares Statistics:
Over the past 3-months, ABVC traded about 268.18K shares per day on average, while over the past 10 days, ABVC traded about 185130 shares per day. A total of 12.71M shares are outstanding, with a floating share count of 11.13M. Insiders hold about 14.20% of the company’s shares, while institutions hold 1.76% stake in the company. Shares short for ABVC as of 1730332800 were 186190 with a Short Ratio of 2.34, compared to 1727654400 on 131680. Therefore, it implies a Short% of Shares Outstanding of 186190 and a Short% of Float of 1.94.
