Abpro Holdings Inc [NASDAQ: ABP] traded at a high on Wednesday, posting a 19.47 gain after which it closed the day’ session at $0.26.
The results of the trading session contributed to over 17620718 shares changing hands. Over the past one week, the price volatility of Abpro Holdings Inc stands at 12.75% while the volatility over the past one month is 14.76%.
The market cap for ABP stock reached $15.59 million, with 50.98 million shares outstanding and 32.49 million shares in the current float. Compared to the average trading volume of 9.15M shares, ABP reached a trading volume of 17620718 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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.
How has ABP stock performed recently?
Abpro Holdings Inc [ABP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.63. With this latest performance, ABP shares dropped by -1.61% in over the last four-week period, additionally sinking by -91.93% over the last 6 months – not to mention a drop of -97.58% 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 49.74, with the RSI for the last a single of trading hit 54.88, and the three-weeks RSI is set at 44.34 for Abpro Holdings Inc [ABP]. The present Moving Average for the last 50 days of trading for this stock 0.2996, while it was recorded at 0.2336 for the last single week of trading, and 4.4686 for the last 200 days.
Abpro Holdings Inc [ABP]: Deeper insight into the fundamentals
Abpro Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.11 and a Current Ratio set at 0.11.
