Can Avalon GloboCare Corp (NASDAQ: ALBT) Shares Make A Higher Price Run?

In today’s recent session, 0.75 million shares of the Avalon GloboCare Corp (NASDAQ:ALBT) have been traded, and its beta is 0.31. Most recently the company’s share price was $3.84, and it changed around $0.39 or 11.30% from the last close, which brings the market valuation of the company to $4.09M. ALBT at last check was trading at a discount to its 52-week high of $21.60, offering almost -462.5% off that amount. The share price’s 52-week low was $2.42, which indicates that the recent value has risen by an impressive 36.98% since then. We note from Avalon GloboCare Corp’s average daily trading volume that its 10-day average is 0.32 million shares, with the 3-month average coming to 345.54K.

Avalon GloboCare Corp (NASDAQ:ALBT) trade information

Instantly ALBT has been showing a green trend so far today with a performance of 11.30% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.6000 on recent trading dayincreased the stock’s daily price by 16.52%. The company’s shares are currently down -47.00% year-to-date, but still up 28.00% over the last five days. On the other hand, Avalon GloboCare Corp (NASDAQ:ALBT) is 17.97% up in the 30-day period. We can see from the shorts that 13780.0 shares have been sold at a short interest cover period of 0.85 day(s).

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ALBT Dividends

Avalon GloboCare Corp’s next quarterly earnings report is expected to be released in November.

Avalon GloboCare Corp (NASDAQ:ALBT)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 38.48% of Avalon GloboCare Corp shares, and 1.59% of them are in the hands of institutional investors. The stock currently has a share float of 2.59%.