Above Food Ingredients Inc (NASDAQ: ABVE) is 50.77% higher on its value in year-to-date trading and has touched a low of $0.25 and a high of $4.40 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 $3.4 in the last trading session, with the day’s loss setting it -0.7%.
Currently trading at $2.7, the stock is 79.36% and 106.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.08 million and changing -20.59% at the moment leaves the stock 261.10% off its SMA200. ABVE registered 400.00% gain for a year compared to 6-month gain of 426.32%. The firm has a 50-day simple moving average (SMA 50) of $1.30612 and a 200-day simple moving average (SMA200) of $0.747705.
The stock witnessed a 74.19% loss in the last 1 month and extending the period to 3 months gives it a 429.31%, and is -25.62% 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 44.63% over the week and 52.95% over the month.
Distance from 52-week low is 979.57% and -38.64% from its 52-week high.
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Above Food Ingredients Inc (ABVE) Top Institutional Holders
13.0 institutions hold shares in Above Food Ingredients Inc (ABVE), with institutional investors hold 13.72% of the company’s shares. The shares outstanding are 51.19M, and float is at 50.19M with Short Float at 0.12%. Institutions hold 12.26% of the Float.
Above Food Ingredients Inc (ABVE) Insider Activity
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