Farmmi Inc [NASDAQ: FAMI] slipped around -0.02 points on Wednesday, while shares priced at $0.33 at the close of the session, down -8.09%.
Compared to the average trading volume of 1.22M shares, FAMI reached a trading volume of 4023914 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Farmmi Inc [FAMI]?
The Average True Range (ATR) for Farmmi Inc is set at 0.03, with the Price to Sales ratio for FAMI stock in the period of the last 12 months amounting to 0.04. The Price to Book ratio for the last quarter was 0.01, with the Price to Cash per share for the same quarter was set at 0.10.
How has FAMI stock performed recently?
Farmmi Inc [FAMI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.70. With this latest performance, FAMI shares gained by 16.50% in over the last four-week period, additionally sinking by -41.54% over the last 6 months – not to mention a drop of -73.26% 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 55.54, with the RSI for the last a single of trading hit 56.42, and the three-weeks RSI is set at 54.03 for Farmmi Inc [FAMI]. The present Moving Average for the last 50 days of trading for this stock 0.2980, while it was recorded at 0.3287 for the last single week of trading, and 0.5115 for the last 200 days.
Farmmi Inc [FAMI]: Deeper insight into the fundamentals
Farmmi Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.45 and a Current Ratio set at 21.81.
