Above Food Ingredients Inc [NASDAQ: ABVE] stock went on an upward path that rose over 29.63% on Wednesday, amounting to a one-week price increase of more than 3.82%.
Over the last 12 months, ABVE stock dropped by -93.38%.
The market cap for the stock reached $19.29 million, with 5.64 million shares outstanding. Compared to the average trading volume of 241.57K shares, ABVE stock reached a trading volume of 5521783 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Above Food Ingredients Inc [ABVE]:
The Average True Range (ATR) for Above Food Ingredients Inc is set at 0.14 The Price to Book ratio for the last quarter was 0.26, with the Price to Cash per share for the same quarter was set at 0.00.
ABVE Stock Performance Analysis:
Above Food Ingredients Inc [ABVE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.82. With this latest performance, ABVE shares gained by 22.98% in over the last four-week period, additionally sinking by -92.46% over the last 6 months – not to mention a drop of -93.38% 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 ABVE stock in for the last two-week period is set at 56.99, with the RSI for the last a single of trading hit 58.29, and the three-weeks RSI is set at 53.05 for Above Food Ingredients Inc [ABVE]. The present Moving Average for the last 50 days of trading for this stock 0.5380, while it was recorded at 0.6597 for the last single week of trading, and 5.2882 for the last 200 days.
Insight into Above Food Ingredients Inc Fundamentals:
Above Food Ingredients Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.03 and a Current Ratio set at 0.03.
