Above Food Ingredients Inc [NASDAQ: ABVE] gained 14.07% or 0.37 points to close at $3.0 with a heavy trading volume of 12717826 shares.
It opened the trading session at $2.92, the shares rose to $3.16 and dropped to $2.52, the range by which the price of stock traded the whole day. The daily chart for ABVE points out that the company has recorded 160.87% gains over the past six months.
If we look at the average trading volume of 3.53M shares, ABVE reached to a volume of 12717826 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for ABVE stock
Above Food Ingredients Inc [ABVE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 57.89. With this latest performance, ABVE shares dropped by -28.91% in over the last four-week period, additionally plugging by 160.87% over the last 6 months – not to mention a rise of 455.56% 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 ABVE stock in for the last two-week period is set at 53.05, with the RSI for the last a single of trading hit 0.45, and the three-weeks RSI is set at 0.51 for Above Food Ingredients Inc [ABVE]. The present Moving Average for the last 50 days of trading for this stock 3.14, while it was recorded at 2.50 for the last single week of trading, and 1.68 for the last 200 days.
Above Food Ingredients Inc (ABVE) Capital Structure & Debt Analysis
Above Food Ingredients Inc (ABVE) Efficiency & Liquidity Metrics
Above Food Ingredients Inc (ABVE) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Above Food Ingredients Inc [ABVE]
There are presently around $12.92%, or 15.38%% of ABVE stock, in the hands of institutional investors.
