Farmmi Inc. (NASDAQ:FAMI) finished Tuesday with a subtraction of -$0.04 to close at $0.32, a downside of -10.80 percent. An average of 652,584,438 shares of common stock have been traded in the last five days. There was a gain of $0.0838 in the past week. The last 20 days have seen an average of 265,476,156 shares traded, while the 50-day average volume stands at 112,238,539.
FAMI stock has decreased by -20.85% in the last month. The company shares reached their 1-month lowest point of $0.1955 on 09/24/21. With the stock rallying to its 52-week high on 02/17/21, shares of the company touched a low of $0.20 and a high of $2.47 in 52 weeks. In spite of this, the price is down -86.86% from the 52-week high.
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Farmmi Inc. (FAMI) has a trailing price-to-earnings (P/E) ratio of 2.70, which compares with the 18.75 for the broader industry and 24.37 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, Farmmi Inc.’s PE ratio has ranged between 44.20 and 1.676. The stock’s beta is -0.19. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.48, the price-to-book (PB) ratio at 0.18, and the price-to-cash flow ratio at 49.92.
The quick ratio of Farmmi Inc. for the recent quarter was 5.80, and the current ratio was 5.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.14 for the recent quarter. On the profitability front, the trailing 12-month gross margin is 17.00% against a 5-year average of 16.8%. Farmmi Inc.’s EBITDA margin is 7.24%, while its operating margin for the same period stands at 7.10%. Its gross profit as reported stood at $4.96 million compared to revenue of $30.17 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Farmmi Inc.’s return on assets was 6.10%, compared to 12.9% over the last five years. In the past year, the return on investment has been 6.10%, and the 5-year average is 17.5%. Meanwhile, the return on equity (ROE) for the past 12 months has been 8.00% and the 5-year average holds at 24.7%. For the broader industry, ROE averaged 12.06 over the past year.
From a technical analysis perspective, let’s take a brief look at Farmmi Inc. (FAMI) price momentum. RSI 9-day as of the close on 05 October was 51.16%, suggesting the stock is Neutral, with historical volatility in this time frame at 286.56%.
As of today, FAMI’s price is $0.3689 +34.82% or $0.0838 from its 5-day moving average. FAMI is currently trading -25.33% lower than its 20-day SMA and -10.73% lower than its 100-day SMA. However, the stock’s current price level is -16.32% below the SMA50 and -76.31% below the SMA200.
The stochastic %K and %D were 45.38% and 53.03%, respectively, and the average true range (ATR) was 0.0742. With the 14-day stochastic at 38.57% and the average true range at 0.0643, the RSI (14) stands at 49.83%. The stock has reached 0.0424 on the 9-day MACD Oscillator while the 14-day reading was at 0.0723.