Abpro Holdings Inc [NASDAQ: ABP] loss -2.29% or -0.01 points to close at $0.20 with a heavy trading volume of 12398001 shares.
The daily chart for ABP points out that the company has recorded -97.97% loss over the past six months.
If we look at the average trading volume of 310.28K shares, ABP reached to a volume of 12398001 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Abpro Holdings Inc [ABP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ABP shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ABP stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Trading performance analysis for ABP stock
Abpro Holdings Inc [ABP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.83. With this latest performance, ABP shares dropped by -25.72% in over the last four-week period, additionally sinking by -97.97% over the last 6 months – not to mention a drop of -98.07% 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 ABP stock in for the last two-week period is set at 33.48, with the RSI for the last a single of trading hit 34.19, and the three-weeks RSI is set at 32.31 for Abpro Holdings Inc [ABP]. The present Moving Average for the last 50 days of trading for this stock 0.3530, while it was recorded at 0.2060 for the last single week of trading, and 5.0166 for the last 200 days.
Abpro Holdings Inc [ABP]: A deeper dive into fundamental analysis
Abpro Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.17 and a Current Ratio set at 0.17.
An analysis of Institutional ownership at Abpro Holdings Inc [ABP]
There are presently around $3.31%, or 7.63%% of ABP stock, in the hands of institutional investors.
