What Technical Indicators Show About Avalon GloboCare Corp. (AVCO)?

Avalon GloboCare Corp. (NASDAQ:AVCO) finished Friday with an addition of $0.02 to close at $1.01, an upside of 2.05 percent. An average of 175,660 shares of common stock have been traded in the last five days. There was a gain of $0.0200 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 123,345 shares traded, while the 50-day average volume stands at 192,594.

AVCO stock has increased by 5.21% in the last month. The company shares reached their 1-month lowest point of $0.8700 on 10/06/21. With the stock rallying to its 52-week high on 02/17/21, shares of the company touched a low of $0.80 and a high of $1.65 in 52 weeks. It has reached a new high 15 times so far this year and lost -9.82% or -$0.1100 in price. In spite of this, the price is down -38.79% from the 52-week high.


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Valuation Metrics

Avalon GloboCare Corp. (AVCO) has a trailing price-to-earnings (P/E) ratio of 23.70 for the broader industry and 33.43 for the sector. The stock’s beta is 0.46. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 67.72, the price-to-book (PB) ratio at 25.25.

The quick ratio of Avalon GloboCare Corp. for the recent quarter was 0.40, and the current ratio was 0.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.06 and a total debt to equity ratio of 1.19 for the recent quarter. Avalon GloboCare Corp.’s EBITDA margin is -876.46%. Its gross profit as reported stood at $0.39 million compared to revenue of $1.38 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, Avalon GloboCare Corp.’s return on assets was -102.70%. For the broader industry, ROE averaged 9.65 over the past year.

Earnings Surprise

For the recent quarter, Avalon GloboCare Corp. had $3.39 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$2.36 million in the quarter, while revenues of -$2.37 million were shrunk -29.66%. Shareholders own equity worth $85.41 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Avalon GloboCare Corp. (AVCO) price momentum. RSI 9-day as of the close on 22 October was 64.26%, suggesting the stock is Neutral, with historical volatility in this time frame at 56.12%.

As of today, AVCO’s price is $0.9822 +2.02% or $0.0200 from its 5-day moving average. AVCO is currently trading +5.11% higher than its 20-day SMA and -12.93% lower than its 100-day SMA. However, the stock’s current price level is -9.01% below the SMA50 and -13.68% below the SMA200.

The stochastic %K and %D were 68.46% and 61.86%, respectively, and the average true range (ATR) was 0.0549. With the 14-day stochastic at 77.78% and the average true range at 0.0528, the RSI (14) stands at 59.39%. The stock has reached 0.0053 on the 9-day MACD Oscillator while the 14-day reading was at 0.0357.

Analyst Ratings

The consensus rating for Avalon GloboCare Corp. (AVCO) among analysts is -. According to current brokerage recommendations, 0 brokerage firms advise that investors sell AVCO, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.

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