Abpro Holdings Inc [NASDAQ: ABP] stock went on an upward path that rose over 18.53% on Friday, amounting to a one-week price increase of more than 54.68%.
Over the last 12 months, ABP stock dropped by -82.38%. The one-year Abpro Holdings Inc stock forecast points to a potential upside of 84.0. The average equity rating for ABP stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $19.17 million, with 50.98 million shares outstanding and 32.49 million shares in the current float. Compared to the average trading volume of 15.04M shares, ABP stock reached a trading volume of 60817651 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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.
ABP Stock Performance Analysis:
Abpro Holdings Inc [ABP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 54.68. With this latest performance, ABP shares gained by 45.35% in over the last four-week period, additionally sinking by -75.36% over the last 6 months – not to mention a drop of -82.38% 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 ABP stock in for the last two-week period is set at 67.36, with the RSI for the last a single of trading hit 0.0366, and the three-weeks RSI is set at 0.0342 for Abpro Holdings Inc [ABP]. The present Moving Average for the last 50 days of trading for this stock 0.2231, while it was recorded at 0.2646 for the last single week of trading, and 2.2892 for the last 200 days.
Abpro Holdings Inc (ABP) Capital Structure & Debt Analysis
Abpro Holdings Inc (ABP) Efficiency & Liquidity Metrics
Abpro Holdings Inc (ABP) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Abpro Holdings Inc. (ABP) effectively leverages its workforce, generating an average of -$3011666.67 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.11% and a Quick Ratio of 0.11%, indicating strong ability to cover short-term liabilities.
Abpro Holdings Inc [ABP] Institutonal Ownership Details
There are presently around $2.60%, or 5.03% of ABP stock, in the hands of institutional investors.
