Farmmi Inc (NASDAQ: FAMI) Defies Bearish Expectations and Displays Strong Future Potential

In the last trading session, 1.21 million Farmmi Inc (NASDAQ:FAMI) shares changed hands as the company’s beta touched 1.42. With the company’s per share price at $0.16 changed hands at $0.0 or -4.15% during last session, the market valuation stood at $2.35M. FAMI’s last price was a discount, traded about -487.5% off its 52-week high of $0.94. The share price had its 52-week low at $0.15, which suggests the last value was 6.25% up since then. When we look at Farmmi Inc’s average trading volume, we note the 10-day average is 0.71 million shares, with the 3-month average coming to 3.50 million.

Farmmi Inc (NASDAQ:FAMI) trade information

Instantly FAMI was in red as seen at the end of in last trading. With action -33.52%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -47.72%, with the 5-day performance at -33.52% in the red. However, in the 30-day time frame, Farmmi Inc (NASDAQ:FAMI) is -38.01% down. Looking at the short shares, we see there were 42717.0 shares sold at short interest cover period of 1.54 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0.04%.

FAMI Dividends

Farmmi Inc is expected to release its next quarterly earnings report in April.

Farmmi Inc (NASDAQ:FAMI)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.33% of Farmmi Inc shares while 2.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 2.54%.

With 521.0 shares estimated at $81.0 under it, the former controlled 0.01% of total outstanding shares.