The stock of Fresh2 Group Ltd ADR (NASDAQ: FRES) has decreased by -10.94 when compared to last closing price of 0.64.Despite this, the company has seen a loss of -16.14% in its stock price over the last five trading days. Benzinga reported 2023-06-21 that The most oversold stocks in the health care sector presents an opportunity to buy into undervalued companies.
Is It Worth Investing in Fresh2 Group Ltd ADR (NASDAQ: FRES) Right Now?
Company’s 36-month beta value is 1.44.
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The average trading volume of FRES on March 28, 2024 was 155.91K shares.
FRES’s Market Performance
FRES stock saw an increase of -16.14% in the past week, with a monthly gain of 62.81% and a quarterly increase of -28.00%. The volatility ratio for the week is 35.57%, and the volatility levels for the last 30 days are 30.48% for Fresh2 Group Ltd ADR (FRES). The simple moving average for the past 20 days is 20.62% for FRES’s stock, with a -65.54% simple moving average for the past 200 days.
FRES Trading at 29.92% from the 50-Day Moving Average
After a stumble in the market that brought FRES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -93.78% of loss for the given period.
Volatility was left at 30.48%, however, over the last 30 days, the volatility rate increased by 35.57%, as shares surge +66.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.89% upper at present.
During the last 5 trading sessions, FRES fell by -16.14%, which changed the moving average for the period of 200-days by -85.89% in comparison to the 20-day moving average, which settled at $0.4839. In addition, Fresh2 Group Ltd ADR saw -35.96% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for FRES
Equity return is now at value -195.08, with -82.91 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.
Conclusion
In a nutshell, Fresh2 Group Ltd ADR (FRES) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
