ABVC BioPharma Inc (NASDAQ: ABVC) is -10.85% lower on its value in year-to-date trading and has touched a low of $0.40 and a high of $1.73 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 ABVC stock was last observed hovering at around $0.46 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $0.53, the stock is 7.61% and 0.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 19.31 million and changing 15.22% at the moment leaves the stock -22.41% off its SMA200. ABVC registered -58.25% loss for a year compared to 6-month loss of -26.02%.
The stock witnessed a -4.55% gain in the last 1 month and extending the period to 3 months gives it a -1.68%, and is 25.21% 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 24.69% over the week and 12.07% over the month.
ABVC BioPharma Inc (ABVC) has around 19 employees, a market worth around $6.83M and $0.51M in sales. Profit margin for the company is -1616.97%. Distance from 52-week low is 31.50% and -69.60% from its 52-week high. The company has generated returns on investments over the last 12 months (-96.97%).
.
ABVC BioPharma Inc (ABVC) Top Institutional Holders
The shares outstanding are 12.71M, and float is at 11.13M with Short Float at 1.98%.
ABVC BioPharma Inc (ABVC) Insider Activity
#####
