Farmmi, Inc. (NASDAQ:FAMI) has a beta value of -0.21 and has seen 1,322,655 shares traded in the recent trading session. The company, currently valued at $9.08 Million, closed the recent trade at $0.689 per share which meant it lost $0 on the day or 8.65% during that session. The FAMI stock price is -185.92% off its 52-week high price of $1.97 and 55.01% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.2 Million shares traded. The 3-month trading volume is 2.32 Million shares.
The consensus among analysts is that Farmmi, Inc. (FAMI) is a 0 stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 0 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight.
Farmmi, Inc. (NASDAQ:FAMI) trade information
Sporting 7.62% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Jun 30 when the FAMI stock price touched $0.75 or saw a rise of 10.43%. Year-to-date, Farmmi, Inc. shares have moved -10.43%, while the 5-day performance has seen it change -9.22%. Over the past 30 days, the shares of Farmmi, Inc. (NASDAQ:FAMI) have changed 39.7%. Short interest in the company has seen 171.91 Million shares shorted with days to cover at 74.1.
Farmmi, Inc. (FAMI) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest -109.1% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Farmmi, Inc. (NASDAQ:FAMI)’s Major holders
Insiders own 78% of the company shares, while shares held by institutions stand at 2.44% with a share float percentage of 11.11%. Investors are also buoyed by the number of investors in a company, with Farmmi, Inc. having a total of 5 institutions that hold shares in the company. The top two institutional holders are CVI Holdings, LLC with over 426.39 Thousand shares worth more than $235.88 Thousand. As of March 30, 2020, CVI Holdings, LLC held 3.32% of shares outstanding.
The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 152Thousand shares as of March 30, 2020. The firm’s total holdings are worth over $84.09 Thousand and represent 1.18% of shares outstanding.