Save Foods Inc. (NASDAQ:SVFD) saw a downside of -16.89% to $1.04 after subtracting -$0.21 on Wednesday. The 5-day average trading volume is 15,747,141 shares of the company’s common stock. It has gained $2.3600 in the past week and touched a new high 3 times within the past 5 days. An average of 3,947,585 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,596,100.
SVFD’s 1-month performance is 62.66% or $0.4600 on its low of $0.5400 reached on 08/02/23. The company’s shares have touched a 52-week low of $0.51 and high of $6.84, with the stock’s rally to the 52-week high happening on 08/07/23. YTD, SVFD has achieved 37.60% or $0.2900 and has reached a new high 11 times. However, the current price is down -84.81% from the 52-week high price.
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Valuation Metrics
Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 18.47 while the price-to-book (PB) in the most recent quarter is 0.99.
Save Foods Inc.’s quick ratio for the recent period was 7.70, with the current ratio over the same period at 7.90. In terms of profitability, the gross margin trailing 12 months is 62.70%. The trailing 12-month EBITDA margin is -1435.55%. The firm’s gross profit as reported stood at $0.24 million against revenue of $0.39 million.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 22.22% to -$1.71 million, while revenue of -$1.39 million was 18.71% off the previous quarter. EBITDA for the quarter stood at more than -$1.73 million. SVFD stock balance sheet for the recent quarter shows that total liabilities totaled 0.7 million, with total debt at $24840.0. Shareholders hold equity totaling $7.0 million.
Let’s look briefly at Save Foods Inc. (SVFD) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 60.31% to suggest the stock is trending Neutral, with historical volatility in this time period at 495.43%.
The stock’s 5-day moving average is $1.0136, reflecting a +90.03% or $0.4951 change from its current price. SVFD is currently trading +56.37% above its 20-day SMA, +13.59% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +53.68% and SMA200 by-46.95%.
Stochastic %K and %D was 40.93% and 51.10% and the average true range (ATR) pointed at 0.2603. The RSI (14) points at 60.52%, while the 14-day stochastic is at 27.75% with the period’s ATR at 0.1974. The stock’s 9-day MACD Oscillator is pointing at 0.4720 and 0.5520 on the 14-day charts.
