Farmmi Inc. [FAMI] Stock trading around $0.22 per share: What’s Next?



Farmmi Inc. [NASDAQ: FAMI] stock went on a downward path that fall over -0.09% on Friday, amounting to a one-week price decrease of less than -3.43%. The company report on December 28, 2021 that Farmmi Continues Sales Growth with Latest Win.

Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company’s subsidiary Zhejiang Farmmi Biotechnology Co., Ltd., won another new repeat product order. The latest order for dried mushroom slices is from one of the Company’s long-term customers, which will export Farmmi’s products to Southampton, England.

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Ms. Yefang Zhang, Farmmi’s Chairwoman and CEO, commented, “This is another important win for us. It continues the meaningful sales growth trajectory we have been building all year as we leverage our increased investments in sales and marketing to build our global brand, and it also benefited from our consistent product availability due to our strong supply chain relationships. This latest win serves as an example of our successful strategy of working alongside our customers to support them across our broader product line as part of our efforts to increase revenue per customer, while also nurturing the relationships that will drive our longer term success.”.

Over the last 12 months, FAMI stock dropped by -81.47%.

The market cap for the stock reached $60.72 million, with 20.86 million shares outstanding. Compared to the average trading volume of 91.53M shares, FAMI stock reached a trading volume of 21108672 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Farmmi Inc. [FAMI]:

The Average True Range (ATR) for Farmmi Inc. is set at 0.02, with the Price to Sales ratio for FAMI stock in the period of the last 12 months amounting to 1.77. The Price to Book ratio for the last quarter was 0.12, with the Price to Cash per share for the same quarter was set at 0.05. Price to Free Cash Flow for FAMI in the course of the last twelve months was 25.30 with Quick ratio for the last quarter at 5.80.

FAMI Stock Performance Analysis:

Farmmi Inc. [FAMI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.43. With this latest performance, FAMI shares dropped by -4.14% in over the last four-week period, additionally sinking by -50.62% over the last 6 months – not to mention a drop of -81.47% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FAMI stock in for the last two-week period is set at 38.10, with the RSI for the last a single of trading hit 38.00, and the three-weeks RSI is set at 39.59 for Farmmi Inc. [FAMI]. The present Moving Average for the last 50 days of trading for this stock 0.2790, while it was recorded at 0.2245 for the last single week of trading, and 0.4622 for the last 200 days.

Insight into Farmmi Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Farmmi Inc. [FAMI] shares currently have an operating margin of +6.96 and a Gross Margin at +16.46. Farmmi Inc.’s Net Margin is presently recorded at +2.73.

Return on Total Capital for FAMI is now 6.79, given the latest momentum, and Return on Invested Capital for the company is 3.26. Return on Equity for this stock inclined to 3.31, with Return on Assets sitting at 2.40. When it comes to the capital structure of this company, Farmmi Inc. [FAMI] has a Total Debt to Total Equity ratio set at 21.57. Additionally, FAMI Total Debt to Total Capital is recorded at 17.74, with Total Debt to Total Assets ending up at 15.97. Long-Term Debt to Equity for the company is recorded at 2.37, with the Long-Term Debt to Total Capital now at 1.95.

Reflecting on the efficiency of the workforce at the company, Farmmi Inc. [FAMI] managed to generate an average of $11,936 per employee. Receivables Turnover for the company is 2.45 with a Total Asset Turnover recorded at a value of 0.88.Farmmi Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.80 and a Current Ratio set at 5.90.

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Farmmi Inc. [FAMI] Insider Position Details

There are presently around $0 million, or 6.50% of FAMI stock, in the hands of institutional investors. The top three institutional holders of FAMI stocks are: JANE STREET GROUP, LLC with ownership of 1,027,553, which is approximately New of the company’s market cap and around 3.86% of the total institutional ownership; CREDIT SUISSE AG/, holding 197,000 shares of the stock with an approximate value of $44000.0 in FAMI stocks shares; and TWO SIGMA SECURITIES, LLC, currently with $27000.0 in FAMI stock with ownership of nearly New of the company’s market capitalization.

11 institutional holders increased their position in Farmmi Inc. [NASDAQ:FAMI] by around 1,657,278 shares. Additionally, 9 investors decreased positions by around 2,413,638 shares, while 1 investors held positions by with 2,281,084 shares. The mentioned changes placed institutional holdings at 1,789,832 shares, according to the latest SEC report filing. FAMI stock had 10 new institutional investments in for a total of 1,656,278 shares, while 8 institutional investors sold positions of 2,348,652 shares during the same period.