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Above Food Ingredients Inc (ABVE) Stock: Exploring a Year of Highs, Lows, and Trading Volume

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Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Above Food Ingredients Inc’s current trading price is -95.78% away from its 52-week high, while its distance from the 52-week low is 67.65%. The stock’s price range over this period has fluctuated between $0.34 and $13.50. The company, operating within the financial sector, had a trading volume of approximately 2.18 million for the day, which was noticeably higher than the average daily share volume of 81100.0 over the last 3 months.

Above Food Ingredients Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $13.50 on 05/31/24, while the lowest price for the same period was registered at $0.34 on 10/31/24.

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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Above Food Ingredients Inc (ABVE) has experienced a quarterly decline of -55.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.85M and boasts a workforce of 2 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0543, with a change in price of -11.9300. Similarly, Above Food Ingredients Inc recorded 232,005 in trading volume during the last 100 days, posting a change of -95.44%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ABVE stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.00.

ABVE Stock Stochastic Average

Today’s raw stochastic average for Above Food Ingredients Inc over the last 50 days is 57.50%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 67.75%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 56.29% and 48.09%, respectively.

ABVE Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -94.62%.However, over the last six months, we can see a stronger performance of -93.52%. Over the last 30 days, the price of ABVE has fallen by 7.93%. And in the last five days, it has surged by 9.62%.

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