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. Farmmi Inc’s current trading price is -84.90% away from its 52-week high, while its distance from the 52-week low is 114.57%. The stock’s price range over this period has fluctuated between $0.17 and $2.35. The company, operating within the financial sector, had a trading volume of approximately 1.18 million for the day, which was noticeably lower than the average daily share volume of 1.2 million over the last 3 months.
Farmmi Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $2.35 on 02/13/24, while the lowest price for the same duration was marked at $0.17 on 08/23/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Farmmi Inc (FAMI) has experienced a quarterly rise of 21.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.79M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2983, with a change in price of -0.1882. Similarly, Farmmi Inc recorded 1,274,027 in trading volume during the last 100 days, posting a change of -34.65%.
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 FAMI stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
FAMI Stock Stochastic Average
Today, Farmmi Inc’s raw stochastic average for the past 50 days stands at 56.03%, indicating a decline from the raw stochastic average of the last 20 days, which was 97.33%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 81.94% and 74.37% respectively.
FAMI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 18.26%.However, over the last six months, we can see a stronger performance of -40.73%. Over the last 30 days, the price of FAMI has fallen by 26.75%. And in the last five days, it has surged by 16.09%.
