Mission Produce Inc (NASDAQ:AVO) shares, rose in value on Friday, June 20, with the stock price up by 0.16% to the previous day’s close as strong demand from buyers drove the stock to $12.56.
Actively observing the price movement in the last trading, the stock closed the session at $12.54. The PE ratio was 24.31 over 12-month period. Referring to stock’s 52-week performance, its high was $15.25, and the low was $9.54. On the whole, AVO has fluctuated by 16.62% over the past month.
With the market capitalization of Mission Produce Inc currently standing at about $886.96 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-05.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AVO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of AVO currently trading nearly 10.60% and 16.55% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 72.89, while the 7-day volatility ratio is showing 1.16% which for the 30-day chart, stands at 2.47%. Furthermore, Mission Produce Inc (AVO)’s beta value is 0.56, and its average true range (ATR) is 0.37.
A comparison of Mission Produce Inc (AVO) with its peers suggests the former has fared considerably weaker in the market. AVO showed an intraday change of 0.16% in last session, and over the past year, it grew by 22.30%%.
Data on historical trading for Mission Produce Inc (NASDAQ:AVO) indicates that the trading volumes over the past 3 months, they’ve averaged 340.02K. According to company’s latest data on outstanding shares, there are 70.62 million shares outstanding.
Nearly 35.27% of Mission Produce Inc’s shares belong to company insiders and institutional investors own 34.15% of the company’s shares. The stock has fallen by -12.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AVO stock heading into the next quarter.
