Above Food Ingredients Stock Today
| ABVE Stock | 0.42 0.02 4.55% |
PerformanceWeak
| Odds Of DistressAverage
|
Above Food is trading at 0.42 as of the 22nd of March 2025, a 4.55 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.42. Above Food has 51 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Above Food symbol was changed from BITE on 1st of July 2024. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 22nd of March 2025. Click here to learn more.
Business Domain Food, Beverage & Tobacco | IPO Date | Category Consumer Defensive | Classification Consumer Staples |
Above Food is entity of United States. It is traded as Stock on NASDAQ exchange. The company has 28.5 M outstanding shares of which 87.97 K shares are presently shorted by private and institutional investors with about 0.14 trading days to cover. More on Above Food Ingredients
Moving against Above Stock
Above Stock Highlights
| Older Symbol | BITE | ||||
| Thematic Idea | Food Products (View all Themes) | ||||
| Business Concentration | Agricultural Products & Services, Food, Beverage & Tobacco, Consumer Defensive, Food Products, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors) | ||||
Above Food can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Above Food's financial leverage. It provides some insight into what part of Above Food's total assets is financed by creditors.
| |||||
Above Food Ingredients (ABVE) is traded on NASDAQ Exchange in USA. It is located in 2305 Victoria Avenue #001, Regina, SK, Canada, S4P 0S7 and employs 4 people. Above Food Ingredients was previously known as BITE and was traded on NASDAQ Exchange under the symbol BITE. Above Food is listed under Agricultural Products & Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.07 M. Above Food Ingredients conducts business under Food Products sector and is part of Consumer Staples industry. The entity has 28.5 M outstanding shares of which 87.97 K shares are presently shorted by private and institutional investors with about 0.14 trading days to cover.
Above Food generates positive cash flow from operations, but has no cash available
Check Above Food Probability Of Bankruptcy
Ownership AllocationAbove Food holds a total of 28.5 Million outstanding shares. Above Food Ingredients shows 19.12 percent of its outstanding shares held by insiders and 4.36 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Above Ownership Details
Above Food Historical Income Statement
Above Stock Against Markets
Above Food Corporate Executives
Elected by the shareholders, the Above Food's board of directors comprises two types of representatives: Above Food inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Above. The board's role is to monitor Above Food's management team and ensure that shareholders' interests are well served. Above Food's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Above Food's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tyler West | CoFounder Disruptive | Profile | |
| Martin Williams | CoFounder Brands | Profile | |
| Lionel Kambeitz | Executive CoFounder | Profile |
Already Invested in Above Food Ingredients?
The danger of trading Above Food Ingredients is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Above Food is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Above Food. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Above Food Ingredients is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Above Food Ingredients is a strong investment it is important to analyze Above Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Above Food's future performance. For an informed investment choice regarding Above Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Above Food Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Agricultural Products & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Above Food. If investors know Above will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Above Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Above Food Ingredients is measured differently than its book value, which is the value of Above that is recorded on the company's balance sheet. Investors also form their own opinion of Above Food's value that differs from its market value or its book value, called intrinsic value, which is Above Food's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Above Food's market value can be influenced by many factors that don't directly affect Above Food's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Above Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Above Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Above Food's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.