In recent trading session, Farmmi Inc. (NASDAQ:FAMI) saw 7.9 million shares changing hands at last check today with its beta currently measuring -0.27. Company’s recent per share price level of $0.24 trading at $0.0 or -4.00% at last check today assigns it a market valuation of $65.11M. That most recent trading price of FAMI’s stock is at a discount of -929.17% from its 52-week high price of $2.47 and is indicating a premium of 16.67% from its 52-week low price of $0.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 35.39 million shares which gives us an average trading volume of 59.61 million if we extend that period to 3-months.
Farmmi Inc. (NASDAQ:FAMI) trade information
Upright in the red during last session for losing -4.00%, in the last five days FAMI remained trading in the red while hitting it’s week-highest on Wednesday, 01/12/22 when the stock touched $0.24 price level, adding 9.43% to its value on the day. Farmmi Inc.’s shares saw a change of 10.12% in year-to-date performance and have moved -5.00% in past 5-day. Farmmi Inc. (NASDAQ:FAMI) showed a performance of 2.08% in past 30-days. Number of shares sold short was 10.77 million shares which calculate 0.26 days to cover the short interests.
Farmmi Inc. (FAMI) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -5.30% during past 5 years.
Farmmi Inc. is more likely to be releasing its next quarterly report on January 25 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Farmmi Inc. (NASDAQ:FAMI)’s Major holders
Insiders are in possession of 3.36% of company’s total shares while institution are holding 6.53 percent of that, with stock having share float percentage of 6.76%. Investors also watch the number of corporate investors in a company very closely, which is 6.53% institutions for Farmmi Inc. that are currently holding shares of the company. Jane Street Group, LLC is the top institutional holder at FAMI for having 1.03 million shares of worth $0.48 million. And as of Sep 29, 2021, it was holding 0.54% of the company’s outstanding shares.
The second largest institutional holder is Credit Suisse AG, which was holding about 0.2 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 0.10% of outstanding shares, having a total worth of $91112.0.