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Above Food Ingredients Faces Receivership Filing for Subsidiary
TipRanks (Tue, 4-Mar 5:47 PM ET)
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
Above Food Ingredients trades on the NASDAQ stock market under the symbol ABVE.
As of March 4, 2025, ABVE stock price climbed to $0.34 with 263,598 million shares trading.
ABVE has a beta of 1.32, meaning it tends to be more sensitive to market movements. ABVE has a correlation of 0.02 to the broad based SPY ETF.
ABVE has a market cap of $9.80 million. This is considered a Sub-Micro Cap stock.
ABVE support price is $.28 and resistance is $.34 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABVE shares will trade within this expected range on the day.