In the past week, ABLV stock has gone up by 21.11%, with a monthly decline of -0.91% and a quarterly surge of 39.28%. The volatility ratio for the week is 11.26%, and the volatility levels for the last 30 days are 15.92% for Able View Global Inc The simple moving average for the past 20 days is 12.04% for ABLV’s stock, with a 6.86% simple moving average for the past 200 days.
Is It Worth Investing in Able View Global Inc (NASDAQ: ABLV) Right Now?
Moreover, the 36-month beta value for ABLV is 1.43.
The public float for ABLV is 6.92M and currently, short sellers hold a 1.46% of that float. On April 10, 2025, ABLV’s average trading volume was 155.95K shares.
ABLV) stock’s latest price update
The stock price of Able View Global Inc (NASDAQ: ABLV) has jumped by 19.78 compared to previous close of 0.91. Despite this, the company has seen a gain of 21.11% in its stock price over the last five trading days. accesswire.com reported 2024-11-08 that SHANGHAI, CHINA / ACCESSWIRE / November 8, 2024 / Able View Global Inc. – (NASDAQ-CM:ABLV) (“Able View” or the “Company”) one of the largest comprehensive brand management partners of international beauty and personal care brands in China, is pleased to announce the successful completion on November 4, 2024 of the Company’s issuance and sale of convertible notes to three non-U.S. investors (the “Purchasers”). Under the terms of the transaction, Able View has issued convertible notes (the “Notes”) totaling a principal amount of USD$4,000,000 to the three Purchasers.
ABLV Trading at 12.44% from the 50-Day Moving Average
After a stumble in the market that brought ABLV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.34% of loss for the given period.
Volatility was left at 15.92%, however, over the last 30 days, the volatility rate increased by 11.26%, as shares sank -1.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.39% lower at present.
During the last 5 trading sessions, ABLV rose by +21.11%, which changed the moving average for the period of 200-days by +6.86% in comparison to the 20-day moving average, which settled at $0.9729. In addition, Able View Global Inc saw 45.73% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ABLV
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.14 for the gross margin
The net margin for Able View Global Inc stands at -0.04. The total capital return value is set at -0.18.
Based on Able View Global Inc (ABLV), the company’s capital structure generated 0.81 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05.
Currently, EBITDA for the company is 13.41 million with net debt to EBITDA at -1.92. When we switch over and look at the enterprise to sales, we see a ratio of 0.57. The receivables turnover for the company is 7.65for trailing twelve months and the total asset turnover is 1.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.11.
Conclusion
To wrap up, the performance of Able View Global Inc (ABLV) has been mixed in recent times. The stock has received a mixed of “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.
