Market cap of Abpro Holdings Inc [ABP] reaches 16.03M – now what?

Misty Lee

Abpro Holdings Inc [NASDAQ: ABP] surged by $0.01 during the normal trading session on Thursday and reaching a high of $0.2231 during the day while it closed the day at $0.2.

Abpro Holdings Inc stock has also gained 22.85% of its value over the past 7 days. However, ABP stock has declined by -4.31% in the 3 months of the year. Over the past six months meanwhile, it has lost -58.64% and lost -98.20% year-on date.

The market cap for ABP stock reached $16.03 million, with 66.40 million shares outstanding and 41.96 million shares in the current float. Compared to the average trading volume of 9.81M shares, ABP reached a trading volume of 8639847 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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.

ABP stock trade performance evaluation

Abpro Holdings Inc [ABP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 22.85. With this latest performance, ABP shares dropped by -19.42% in over the last four-week period, additionally sinking by -58.64% over the last 6 months – not to mention a drop of -88.83% in the past year of trading.

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 -$3453333.33 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.15% and a Quick Ratio of 0.15%, indicating strong ability to cover short-term liabilities.

Earnings per share (EPS) analysis for Abpro Holdings Inc [ABP] stock

With the latest financial reports released by the company, Abpro Holdings Inc posted -0.05/share EPS, while the average EPS was predicted by analysts to be reported at -0.04/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ABP.

Abpro Holdings Inc [ABP]: Institutional Ownership

There are presently around $1.93%, or 3.04%% of ABP stock, in the hands of institutional investors.

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