ABVE has 36-month beta value of -0.15.
The public float for ABVE is 27.97M, and currently, short sellers hold a 1.14% ratio of that float. The average trading volume of ABVE on May 13, 2025 was 801.02K shares.
ABVE) stock’s latest price update
Above Food Ingredients Inc (NASDAQ: ABVE)’s stock price has gone rise by 17.79 in comparison to its previous close of 0.90, however, the company has experienced a -8.62% decrease in its stock price over the last five trading days. prnewswire.com reported 2025-05-06 that In the news release, Palm Global Partners with Abu Dhabi’s Promax United to Transform Global Finance, Creating the World’s Largest Portfolio of Real-World Asset-Backed Investment Products, Fixed-Income Funds, and Stablecoins, issued 05-May-2025 by Above Food Ingredients Inc. over PR Newswire, we are advised by the company that the first paragraph has been amended, as well as an additional quote and thirteenth and fourteenth paragraph, as originally issued inadvertently. The complete, corrected release follows: Palm Global Partners with Abu Dhabi’s Promax United to Transform Global Finance, Creating the World’s Largest Portfolio of Real-World Asset-Backed Investment Products, Fixed-Income Funds, and Stablecoins REGINA, SK, May 5, 2025 /PRNewswire/ – Above Food Ingredients Inc. (Nasdaq: ABVE) (“Above Food” and the “Company”) has today announced the launch of Palm Promax Investments (“Palm Promax”), a strategic joint venture between Palm Global Technologies (“Palm Global”) and Abu Dhabi conglomerate, Promax United LLC (“Promax”).
ABVE’s Market Performance
Above Food Ingredients Inc (ABVE) has seen a -8.62% fall in stock performance for the week, with a 131.95% gain in the past month and a 85.96% surge in the past quarter. The volatility ratio for the week is 32.84%, and the volatility levels for the past 30 days are at 37.44% for ABVE. The simple moving average for the past 20 days is 10.04% for ABVE’s stock, with a 58.28% simple moving average for the past 200 days.
ABVE Trading at 58.82% from the 50-Day Moving Average
After a stumble in the market that brought ABVE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.15% of loss for the given period.
Volatility was left at 37.44%, however, over the last 30 days, the volatility rate increased by 32.84%, as shares surge +118.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +133.33% upper at present.
During the last 5 trading sessions, ABVE fell by -8.62%, which changed the moving average for the period of 200-days by -39.77% in comparison to the 20-day moving average, which settled at $0.9633. In addition, Above Food Ingredients Inc saw 96.30% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ABVE
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- -0.05 for the gross margin
The net margin for Above Food Ingredients Inc stands at 0.0. The total capital return value is set at -0.04. Equity return is now at value -1.06, with -0.94 for asset returns.
Based on Above Food Ingredients Inc (ABVE), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -0.8. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is -0.53.
Currently, EBITDA for the company is -38.25 million with net debt to EBITDA at -0.08. When we switch over and look at the enterprise to sales, we see a ratio of 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.03.
Conclusion
To put it simply, Above Food Ingredients Inc (ABVE) has had a mixed 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.
