Are You Looking To Buy Avalon GloboCare Corp. (ALBT)? First, Read This

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Avalon GloboCare Corp. (NASDAQ:ALBT) traded with an addition of $0.1 to close at $0.50 on Thursday, an upside of 26.97 percent. An average of 276,188 shares of common stock have been traded in the last five days. There was a gain of $0.0608 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 197,532 shares traded, while the 50-day average volume stands at 234,799.

ALBT stock has decreased by -8.59% in the last month. The company shares reached their 1-month lowest point of $0.3000 on 12/09/22. With the stock rallying to its 52-week high on 02/14/22, shares of the company touched a low of $0.30 and a high of $0.94 in 52 weeks. It has reached a new high 3 times so far this year and lost -51.62% or -$0.3242 in price. In spite of this, the price is down -46.41% from the 52-week high.


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Valuation Metrics

Avalon GloboCare Corp. (ALBT) stock’s beta is 0.78. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 33.38, the price-to-book (PB) ratio at 7.93.

Financial Health

The quick ratio of Avalon GloboCare Corp. for the recent quarter was 1.30, and the current ratio was 1.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.00 and a total debt to equity ratio of 1.00 for the recent quarter. Its gross profit as reported stood at $0.41 million compared to revenue of $1.39 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 -110.00%.

Earnings Surprise

For the recent quarter, Avalon GloboCare Corp. had $4.56 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$5.41 million in the quarter, while revenues were grew 62.66%. Shareholders own equity worth $99.22 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Avalon GloboCare Corp. (ALBT) price momentum. RSI 9-day as of the close on 28 December was 69.22%, suggesting the stock is Neutral, with historical volatility in this time frame at 127.13%.

As of today, ALBT’s price is $0.4241 +13.98% or $0.0608 from its 5-day moving average. ALBT is currently trading +19.82% higher than its 20-day SMA and -30.17% lower than its 100-day SMA. However, the stock’s current price level is -10.83% below the SMA50 and -20.29% below the SMA200.

The stochastic %K and %D were 61.00% and 57.78%, respectively, and the average true range (ATR) was 0.0584. With the 14-day stochastic at 81.62% and the average true range at 0.0581, the RSI (14) stands at 61.65%. The stock has reached 0.0079 on the 9-day MACD Oscillator while the 14-day reading was at 0.0190.

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