Farmmi Inc [NASDAQ: FAMI] stock went on an upward path that rose over 0.44% on Thursday, amounting to a one-week price decrease of less than -7.64%.
Over the last 12 months, FAMI stock dropped by -78.23%.
The market cap for the stock reached $3.32 million, with 14.53 million shares outstanding and 14.50 million shares in the current float. Compared to the average trading volume of 2.12M shares, FAMI stock reached a trading volume of 2883337 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 0.05. 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 0.03.
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 -7.64. With this latest performance, FAMI shares dropped by -8.08% in over the last four-week period, additionally plugging by 15.28% over the last 6 months – not to mention a drop of -78.23% 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 38.98, with the RSI for the last a single of trading hit 36.96, and the three-weeks RSI is set at 40.97 for Farmmi Inc [FAMI]. The present Moving Average for the last 50 days of trading for this stock 0.2741, while it was recorded at 0.2308 for the last single week of trading, and 0.4041 for the last 200 days.
Insight into Farmmi Inc Fundamentals:
Farmmi Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.41 and a Current Ratio set at 16.10.
