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Would I Buy Antelope Enterprise Holdings Limited (NASDAQ: AEHL) Stock At Any Time In The Future?

The trading price of Antelope Enterprise Holdings Limited (NASDAQ:AEHL) closed lower on Tuesday, May 23, closing at $1.42, -7.19% lower than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $1.28 and $1.64. In examining the 52-week price action we see that the stock hit a 52-week high of $1.60 and a 52-week low of $0.46. Over the past month, the stock has gained 35.24% in value.

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Antelope Enterprise Holdings Limited, whose market valuation is $23.57 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Antelope Enterprise Holdings Limited No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest AEHL has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

A quick review shows that AEHL’s price is currently 21.84% off the SMA20 and 29.51% off the SMA50. The RSI metric on the 14-day chart is currently showing 68.86, and weekly volatility stands at 15.83%. When measured over the past 30 days, the indicator reaches 10.58%. Antelope Enterprise Holdings Limited (NASDAQ:AEHL)’s beta value is currently sitting at 0.91, while the Average True Range indicator is currently displaying 0.12.

To see how Antelope Enterprise Holdings Limited stock has been performing in comparison to its peers in the industry, here are the numbers: AEHL stock’s performance was -7.19% in the latest trading, and 89.38% in the past year. Also in last trading session, the S&P 500 Index has plunged -1.12%, while the Dow Jones Industrial also saw a negative session, down -0.69% on the day.

An evaluation of the daily trading volume of Antelope Enterprise Holdings Limited (NASDAQ:AEHL) indicates that the 3-month average is 109.38K. However, this figure has increased over the past 10 days to an average of 0.33 million.

Currently, records show that 6.01 million of the company’s shares remain outstanding. The insiders hold 49.00% of outstanding shares, whereas institutions hold 24.20%. The stats also highlight that short interest as of Apr 27, 2023, stood at 38670.0 shares, resulting in a short ratio of 0.46 at that time. From this, we can conclude that short interest is 0.26% of the company’s total outstanding shares. It is noteworthy that short shares in April were down slightly from the previous month’s figure, which was 39610.0. However, since the stock’s price has seen 140.68% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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