Farmmi Inc. (NASDAQ: FAMI): Is Its Value Too High Compared To Others? – Stocks Register
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Farmmi Inc. (NASDAQ: FAMI): Is Its Value Too High Compared To Others?

Farmmi Inc. (NASDAQ:FAMI) shares, rose in value on Wednesday, 07/21/21, with the stock price up by 4.11% to the previous day’s close as strong demand from buyers drove the stock to $0.41.

Actively observing the price movement in the last trading, the stock closed the session at $0.39, falling within a range of $0.3925 and $0.4166. The value of beta (5-year monthly) was -0.10 whereas the PE ratio was 8.20 over 12-month period. Referring to stock’s 52-week performance, its high was $2.47, and the low was $0.30. On the whole, FAMI has fluctuated by -7.93% over the past month.


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With the market capitalization of Farmmi Inc. currently standing at about $79.64 million, investors are eagerly awaiting this quarter’s results, scheduled for Jan 25, 2019.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that FAMI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of FAMI currently trading nearly -4.89% and -8.08% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.28, while the 7-day volatility ratio is showing 5.26% which for the 30-day chart, stands at 5.79%. Furthermore, Farmmi Inc. (FAMI)’s beta value is -0.10, and its average true range (ATR) is 0.03.

Data on historical trading for Farmmi Inc. (NASDAQ:FAMI) indicates that the trading volumes over the past 10 days have averaged 8.7 million and over the past 3 months, they’ve averaged 36.58 million. According to company’s latest data on outstanding shares, there are 189.55 million shares outstanding.

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Nearly 5.76% of Farmmi Inc.’s shares belong to company insiders and institutional investors own 9.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.52 million shares as on May 27, 2021, resulting in a short ratio of 0.02. According to the data, the short interest in Farmmi Inc. (FAMI) stood at 0.80% of shares outstanding as of May 27, 2021; the number of short shares registered in Apr 29, 2021 reached 4.32 million. The stock has fallen by -65.83% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FAMI stock heading into the next quarter.

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