June 21, 2022, Farmmi Inc. (NASDAQ: FAMI) trading session started at the price of $1.05, that was 7.69% jump from the session before. During the day, the shares moved up to $1.1499 and dropped to $1.05 before settling in for the closing price of $1.04. A 52-week range for FAMI has been $1.02 – $14.75.
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A company in the Consumer Defensive sector has jumped its sales by 13.70% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -65.50%.
In an organization with 67 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +13.00, operating margin of +7.26, and the pretax margin is +6.19.
Farmmi Inc. (FAMI) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Farmmi Inc. stocks. The insider ownership of Farmmi Inc. is 1.59%, while institutional ownership is 1.00%.
Farmmi Inc. (FAMI) Latest Financial update
This company achieved a net margin of +6.13 while generating a return on equity of 2.56.
According to the Wall Street analysts, stocks earnings will be around -65.50% per share during the next fiscal year.
Farmmi Inc. (NASDAQ: FAMI) Trading Performance Indicators
You can see what Farmmi Inc. (FAMI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 37.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.77
Technical Analysis of Farmmi Inc. (FAMI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.75 million. That was inferior than the volume of 1.19 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.33%. Additionally, its Average True Range was 0.16.
During the past 100 days, Farmmi Inc.’s (FAMI) raw stochastic average was set at 1.96%, which indicates a significant decrease from 37.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.36% in the past 14 days, which was lower than the 93.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1666, while its 200-day Moving Average is $5.2003. However, in the short run, Farmmi Inc.’s stock first resistance to watch stands at $1.1633. Second resistance stands at $1.2065. The third major resistance level sits at $1.2632. If the price goes on to break the first support level at $1.0634, it is likely to go to the next support level at $1.0067. The third support level lies at $0.9635 if the price breaches the second support level.
Farmmi Inc. (NASDAQ: FAMI) Key Stats
There are 22,319K outstanding shares of the company, which has a market capitalization of 25.20 million. As of now, sales total 39,290 K while income totals 2,360 K.