For the readers interested in the stock health of Farmmi Inc. (FAMI). It is currently valued at $1.10. When the transactions were called off in the previous session, Stock hit the highs of $1.18, after setting-off with the price of $1.07. Company’s stock value dipped to $1.04 during the trading on the day. When the trading was stopped its value was $1.05.
Recently in News on December 7, 2020, Farmmi Subsidiary Receives Near Perfect WCA Social Responsibility Certification Score. Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ: FAMI), an agriculture products supplier in China, today announced its subsidiary Zhejiang Forest Food Co., Ltd. (“Forest Food”) received a near perfect score of 99.5% on a Workplace Conditions Assessment (“WCA”) social responsibility audit of Farmmi’s new factory. The third party auditor, ELEVATE Global Limited, conducted a comprehensive and systematic review of the Forest Food’s management procedures, including safety, environmental, health and fire emergency through onsite inspections and employee interviews. You can read further details here
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Farmmi Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $1.6700 on 08/14/20, with the lowest value was $0.3100 for the same time period, recorded on 03/16/20.
Farmmi Inc. (FAMI) full year performance was 7.84%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Farmmi Inc. shares are logging -34.13% during the 52-week period from high price, and 254.84% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.31 and $1.67.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 2962566 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Farmmi Inc. (FAMI) recorded performance in the market was 46.67%, having the revenues showcasing 30.95% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 21.51M, as it employees total of 101 workers.
Market experts do have their say about Farmmi Inc. (FAMI)
During the last month, 0 analysts gave the Farmmi Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.8426, with a change in the price was noted +0.3500. In a similar fashion, Farmmi Inc. posted a movement of +46.67% for the period of last 100 days, recording 3,651,700 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FAMI is recording 0.15 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Farmmi Inc. (FAMI)
Raw Stochastic average of Farmmi Inc. in the period of last 50 days is set at 74.47%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 78.38%. In the last 20 days, the company’s Stochastic %K was 76.13% and its Stochastic %D was recorded 78.31%.
Bearing in mind the latest performance of Farmmi Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 46.67%. Additionally, trading for the stock in the period of the last six months notably improved by 97.49%, alongside a boost of 7.84% for the period of the last 12 months. The shares increased approximately by 13.51% in the 7-day charts and went down by 34.34% in the period of the last 30 days. Common stock shares were driven by 30.95% during last recorded quarter.