Is Abpro Holdings Inc (ABP) a good stock to buy now?

Abpro Holdings Inc (NASDAQ: ABP) is -80.43% lower on its value in year-to-date trading and has touched a low of $0.95 and a high of $13.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ABP stock was last observed hovering at around $1.49 in the last trading session, with the day’s gains setting it 0.58%.

Currently trading at $2.07, the stock is 3.31% and -68.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.77 million and changing 38.93% at the moment leaves the stock -78.74% off its SMA200. ABP registered -80.04% loss for a year compared to 6-month loss of -80.42%. The firm has a 50-day simple moving average (SMA 50) of $6.36878 and a 200-day simple moving average (SMA200) of $9.920075.

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The stock witnessed a -39.30% gain in the last 1 month and extending the period to 3 months gives it a -81.10%, and is 35.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 80.25% over the week and 34.16% over the month.

Abpro Holdings Inc (ABP) has around 4 employees, a market worth around $148.15M and $0.00M in sales. Distance from 52-week low is 117.89% and -84.08% from its 52-week high.

Abpro Holdings Inc (ABP) Top Institutional Holders

9.0 institutions hold shares in Abpro Holdings Inc (ABP), with institutional investors hold 1.43% of the company’s shares. The shares outstanding are 51.52M, and float is at 43.98M with Short Float at 0.01%. Institutions hold 0.75% of the Float.