Above Food Ingredients Inc (NASDAQ: ABVE) is 66.33% higher on its value in year-to-date trading and has touched a low of $0.25 and a high of $13.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ABVE stock was last observed hovering at around $0.68 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $0.90, the stock is 63.36% and 78.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.87 million and changing 32.09% at the moment leaves the stock 28.97% off its SMA200. ABVE registered -91.75% loss for a year compared to 6-month gain of 70.11%. The firm has a 50-day simple moving average (SMA 50) of $0.50414 and a 200-day simple moving average (SMA200) of $0.69644.
The stock witnessed a 30.23% loss in the last 1 month and extending the period to 3 months gives it a 98.50%, and is 78.07% 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 27.31% over the week and 25.24% over the month.
Distance from 52-week low is 259.14% and -93.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.24%).
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Above Food Ingredients Inc (ABVE) Top Institutional Holders
7.0 institutions hold shares in Above Food Ingredients Inc (ABVE), with institutional investors hold 0.39% of the company’s shares. The shares outstanding are 28.53M, and float is at 27.97M with Short Float at 0.21%. Institutions hold 0.31% of the Float.
Above Food Ingredients Inc (ABVE) Insider Activity
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