Abpro Holdings Inc [NASDAQ: ABP] gained 15.81% on the last trading session, reaching $0.28 price per share at the time.
Abpro Holdings Inc represents 50.98 million in outstanding shares, while the company has a total market value of $16.83 million with the latest information. ABP stock price has been found in the range of $0.2311 to $0.31.
If compared to the average trading volume of 17.34M shares, ABP reached a trading volume of 63709921 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 -14.38. With this latest performance, ABP shares gained by 48.15% in over the last four-week period, additionally sinking by -71.16% over the last 6 months – not to mention a drop of -84.53% 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 55.84, with the RSI for the last a single of trading hit 0.0519, and the three-weeks RSI is set at 0.0440 for Abpro Holdings Inc [ABP]. The present Moving Average for the last 50 days of trading for this stock 0.2287, while it was recorded at 0.2621 for the last single week of trading, and 1.9064 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.
An analysis of Institutional ownership at Abpro Holdings Inc [ABP]
There are presently around $2.60%, or 5.11% of ABP stock, in the hands of institutional investors.
