Abpro Holdings Inc (NASDAQ:ABP) Currently -772.48% Below Its 52-Week High, But There May Be A Surprise Downside

In last trading session, Abpro Holdings Inc (NASDAQ:ABP) saw 16.91 million shares changing hands with its beta currently measuring -0.18. Company’s recent per share price level of $1.49 trading at $0.39 or 35.45% at ring of the bell on the day assigns it a market valuation of $76.76M. That closing price of ABP’s stock is at a discount of -772.48% from its 52-week high price of $13.00 and is indicating a premium of 26.85% from its 52-week low price of $1.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 64130.0 shares which gives us an average trading volume of 36.19K if we extend that period to 3-months.

Abpro Holdings Inc (NASDAQ:ABP) trade information

Upright in the green during last session for gaining 35.45%, in the last five days ABP remained trading in the red while hitting it’s week-highest on Thursday, 12/19/24 when the stock touched $1.49 price level, adding 32.88% to its value on the day. Abpro Holdings Inc’s shares saw a change of -85.92% in year-to-date performance and have moved -6.88% in past 5-day. Abpro Holdings Inc (NASDAQ:ABP) showed a performance of -58.95% in past 30-days. Number of shares sold short was 13783.0 shares which calculate 0.13 days to cover the short interests.

Abpro Holdings Inc (NASDAQ:ABP)’s Major holders

Insiders are in possession of 47.59% of company’s total shares while institution are holding 0.75 percent of that, with stock having share float percentage of 1.43%. Investors also watch the number of corporate investors in a company very closely, which is 0.75% institutions for Abpro Holdings Inc that are currently holding shares of the company.