Farmmi Inc (FAMI) Stock: Analyzing the Quarterly Movement

The stock of Farmmi Inc (FAMI) has gone up by 7.63% for the week, with a -56.94% drop in the past month and a -66.96% drop in the past quarter. The volatility ratio for the week is 9.64%, and the volatility levels for the past 30 days are 11.47% for FAMI. The simple moving average for the past 20 days is -5.77% for FAMI’s stock, with a -70.74% simple moving average for the past 200 days.

Is It Worth Investing in Farmmi Inc (NASDAQ: FAMI) Right Now?

Farmmi Inc (NASDAQ: FAMI) has a higher price-to-earnings ratio of 1.16x compared to its average ratio. FAMI has 36-month beta value of 1.22.

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The public float for FAMI is 10.63M, and currently, short sellers hold a 6.09% ratio of that float. The average trading volume of FAMI on September 20, 2024 was 743.45K shares.

FAMI) stock’s latest price update

Farmmi Inc (NASDAQ: FAMI)’s stock price has soared by 7.82 in relation to previous closing price of 0.22. Nevertheless, the company has seen a gain of 7.63% in its stock price over the last five trading days. benzinga.com reported 2024-09-18 that The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

FAMI Trading at -45.55% from the 50-Day Moving Average

After a stumble in the market that brought FAMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.74% of loss for the given period.

Volatility was left at 11.47%, however, over the last 30 days, the volatility rate increased by 9.64%, as shares sank -58.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -56.77% lower at present.

During the last 5 trading sessions, FAMI rose by +7.63%, which changed the moving average for the period of 200-days by -80.70% in comparison to the 20-day moving average, which settled at $0.2391. In addition, Farmmi Inc saw -80.55% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for FAMI

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.05 for the gross margin

The net margin for Farmmi Inc stands at 0.02. The total capital return value is set at 0.01. Equity return is now at value 0.98, with 0.92 for asset returns.

Based on Farmmi Inc (FAMI), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -13.38. The debt to equity ratio resting at 0.04. The interest coverage ratio of the stock is 1.22.

Currently, EBITDA for the company is 2.92 million with net debt to EBITDA at 2.02. When we switch over and look at the enterprise to sales, we see a ratio of 0.09. The receivables turnover for the company is 3.73for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 21.81.

Conclusion

To put it simply, Farmmi Inc (FAMI) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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