As of Friday close, Save Foods Inc.’s (NASDAQ:SVFD) stock was up $0.05, moving up 9.12 percent to $0.63. The average number of shares traded per day over the past five days has been 1,267,120 shares. 4 times new highs have been achieved over the past 5 days, with a $0.0794 gain in that time frame. In the last twenty days, the average volume was 334,450, while in the previous 50 days, it was 150,142.
Since last month, SVFD stock rose 2.10%. Shares of the company fell to $0.5100 on 07/06/23, the lowest level in the past month. A 52-week high of $6.84 was reached on 01/19/23 after having rallying from a 52-week low of $0.51. Since the beginning of this year, SVFD’s stock price has dropped by -16.17% or -$0.1221, and marked a new high 10 times. However, the stock has declined by -90.75% since its 52-week high.
Top 5 AI Stocks to Buy for 2023
The artificial intelligence (AI) revolution is already here. And it's about to change everything we know about everything.
According to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. And investors like you always want to get in on the hottest stocks of tomorrow. Here are five of the best ways to profit from the AI boom.
Click Here to Download the FREE Report.
Sponsored
Financial Health
In the recent quarter, Save Foods Inc.’s quick ratio stood at 7.70, while its current ratio was 7.90, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 62.70% percent. Based on annual data, SVFD earned $0.24 million in gross profit and brought in $0.39 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -100.30%. Return on equity (ROE) for the past 12 months was -109.70%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SVFD’s revenue rose 25.0% to $0.22 million during the quarter, while net income inched up to $0.12 million. During the quarter, the company generated -$1.73 million in EBITDA. The liabilities of Save Foods Inc. were 0.7 million at the end of its most recent quarter, and its total debt was $24840.0. The value of shareholders’ equity is $7.0 million.
Technical Picture
This quick technical analysis looks at Save Foods Inc.’s (SVFD) price momentum. With a historical volatility rate of 83.83%, the RSI 9-day stood at 59.79% on 04 August.
With respect to its five-day moving average, the current Save Foods Inc. price is up by +14.35% percent or $0.0794. At present, SVFD shares trade +8.19% above its 20-day simple moving average and -37.95% percent below its 100-day simple moving average. However, the stock is currently trading approximately -14.45% below its SMA50 and -58.63% below its SMA200.
Stochastic coefficient K was 37.84% and Stochastic coefficient D was 25.25%, while ATR was 0.0510. Given the Stochastic reading of 78.73% for the 14-day period, the RSI (14) reading has been calculated as 54.64%.
Analyst Ratings
Save Foods Inc. (SVFD) has been rated Buy by analysts. According to 0 brokerage firms, SVFD is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Save Foods Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $5.50, the current consensus forecast for the stock is $5.50 – $5.50. Based on these forecasts, analysts predict Save Foods Inc. (SVFD) will achieve an average price target of $5.50.
