Farmmi Inc (NASDAQ: FAMI) is -21.36% lower on its value in year-to-date trading and has touched a low of $0.17 and a high of $1.03 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 FAMI stock was last observed hovering at around $0.23 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.24, the stock is -4.62% and -13.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 64.67 million and changing 3.24% at the moment leaves the stock -41.12% off its SMA200. FAMI registered -77.31% loss for a year compared to 6-month gain of 19.25%.
The stock witnessed a -1.67% loss in the last 1 month and extending the period to 3 months gives it a -21.04%, and is -2.40% down 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 10.28% over the week and 8.12% over the month.
Farmmi Inc (FAMI) has around 42 employees, a market worth around $3.43M and $64.13M in sales. Profit margin for the company is -7.26%. Distance from 52-week low is 42.68% and -77.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.64%).
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Farmmi Inc (FAMI) Top Institutional Holders
The shares outstanding are 14.53M, and float is at 14.50M with Short Float at 4.46%.
Farmmi Inc (FAMI) Insider Activity
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