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 -95.97% away from its 52-week high, while its distance from the 52-week low is 60.00%. 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 3.67 million for the day, which was noticeably higher than the average daily share volume of 0.44 million over the last 3 months.
Above Food Ingredients Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $13.50 on 05/31/24 and the lowest value was $0.34 on 10/31/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Above Food Ingredients Inc (ABVE) has experienced a quarterly rise of 2.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.52M 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 0.5637, with a change in price of -0.5360. Similarly, Above Food Ingredients Inc recorded 331,287 in trading volume during the last 100 days, posting a change of -49.63%.
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 25.02%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 49.63%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 63.19% and 68.13%, respectively.
ABVE Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The index has shown a price gain of 0.74% this year. Over the last six months, there has been a stronger performance of -66.00%. The price of ABVE fallen by 24.20% during the last 30 days period. For the last 5-days stocks have improved 20.89%.
