Australian Oilseeds Holdings Limited (NASDAQ: COOT)’s stock price has soared by 5.43 in relation to previous closing price of 1.40. Nevertheless, the company has seen a gain of 2.07% in its stock price over the last five trading days.
Is It Worth Investing in Australian Oilseeds Holdings Limited (NASDAQ: COOT) Right Now?
The 36-month beta value for COOT is also noteworthy at -0.22.
The public float for COOT is 4.20M, and at present, short sellers hold a 1.10% of that float. The average trading volume of COOT on April 26, 2024 was 64.24K shares.
COOT’s Market Performance
COOT’s stock has seen a 2.07% increase for the week, with a -15.88% drop in the past month and a -87.22% fall in the past quarter. The volatility ratio for the week is 13.37%, and the volatility levels for the past 30 days are at 16.20% for Australian Oilseeds Holdings Limited The simple moving average for the last 20 days is 6.31% for COOT’s stock, with a simple moving average of -84.76% for the last 200 days.
COOT Trading at -72.48% from the 50-Day Moving Average
After a stumble in the market that brought COOT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.63% of loss for the given period.
Volatility was left at 16.20%, however, over the last 30 days, the volatility rate increased by 13.37%, as shares sank -10.25% for the moving average over the last 20 days.
During the last 5 trading sessions, COOT rose by +2.75%, in comparison to the 20-day moving average, which settled at $1.3836. In addition, Australian Oilseeds Holdings Limited saw -87.20% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for COOT
Equity return is now at value -18.76, with -13.08 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
In summary, Australian Oilseeds Holdings Limited (COOT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
