Farmmi Inc stock price prediction is an act of determining the future value of Farmmi shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Farmmi’s future price could yield a significant profit.
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Predicted Opening Price for Farmmi Inc. of Monday, June 27, 2022.
| Fair opening price June 27, 2022 | Current price |
|---|---|
| $1.13 | $1.11 (Undervalued) |
What is the price of FAMI going to be in 2022?
Fami is going to be 50$ by September 2022! Why think this because there is no R/s there getting a ext 180 days so the stock will fly! Get ready Fami fans!
Is farmmi a “underperform” stock?
Farmmi has received 69 “underperform” votes. (Add your “underperform” vote.) Farmmi has received 67.45% “outperform” votes from our community. MarketBeat’s community ratings are surveys of what our community members think about Farmmi and other stocks.
Will FAMI outperform or underperform the S&P 500?
MarketBeat’s community ratings are surveys of what our community members think about Farmmi and other stocks. Vote “Outperform” if you believe FAMI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FAMI will underperform the S&P 500 over the long term. You may vote once every thirty days.
What is the price of farmmi stock?
One share of FAMI stock can currently be purchased for approximately $0.15. How much money does Farmmi make? Farmmi has a market capitalization of $29.04 million and generates $39.29 million in revenue each year. How many employees does Farmmi have? Farmmi employs 69 workers across the globe.
Is FAMI a good investment?
Farmmi Inc’s trailing 12-month revenue is $39.3 million with a 6.0% profit margin. Year-over-year quarterly sales growth most recently was 50.3%.
Is FAMI undervalued?
FAMI ($1.11) is significantly undervalued…
Is Farmi a good stock to buy?
Farmmi is trading at 1.50 as of the 2nd of June 2022. This is a 32.74 percent up since the beginning of the trading day. The stock’s open price was 1.13.
Is FAMI going to reverse split?
Resources. Farmmi, Inc. (FAMI) will effect a one-for-twenty five (1-25) reverse split and par value change of its ordinary shares. The reverse stock split and par value change (from 0.001 to 0.025) will become effective on Tuesday, May 31, 2022.
Will FAMI go up?
For the upcoming trading day on Friday 10th we expect Farmmi Inc. to open at $1.15, and during day (based on 14 day Average True Range), to move between $1.03 and $1.23, which gives a possible trading interval of +/-$0.10 (+/-9.13%) up or down from last closing price.
Will FAMI get delisted?
The Nasdaq notification letter does not result in the immediate delisting of the Registrant’s ordinary shares, and the shares will continue to trade uninterrupted under the symbol “FAMI.”
Why is Farmmi stock going down?
Farmmi (NASDAQ:FAMI) stock is falling hard on Monday after the agricultural products company announced an underwritten public offering. According to a press release, Farmmi plans to raise $81 million through the underwritten public offering by selling shares of its stock and warrants to purchase shares of its stock.
How has Farmmi’s stock price performed in 2022?
Farmmi’s stock was trading at $5.55 at the start of the year. Since then, FAMI shares have decreased by 79.8% and is now trading at $1.12. View th…
Are investors shorting Farmmi?
Farmmi saw a decline in short interest during the month of May. As of May 31st, there was short interest totaling 260,300 shares, a decline of 93.8…
When did Farmmi’s stock split? How did Farmmi’s stock split work?
Farmmi shares reverse split on the morning of Tuesday, May 31st 2022. The 1-25 reverse split was announced on Tuesday, May 31st 2022. The number of…
Who are Farmmi’s key executives?
Farmmi’s management team includes the following people: Ms. Yefang Zhang , Chairwoman & CEO (Age 55, Pay $164.23k) Mr. Dehong Zhang , Chief Ope…
Who are some of Farmmi’s key competitors?
Some companies that are related to Farmmi include Innovator Laddered Allocation Power Buffer ETF (BUFF) , Spirits Cap (SSCC) , Blue Apron (APRN)…
What other stocks do shareholders of Farmmi own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Farmmi investors own include Avinger (AVGR) , BIOLASE (BI…
What is Farmmi’s stock symbol?
Farmmi trades on the NASDAQ under the ticker symbol “FAMI.”
Who are Farmmi’s major shareholders?
Farmmi’s stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.2…
Which major investors are selling Farmmi stock?
FAMI stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC.
Signals & Forecast
There are mixed signals in the stock today. The Farmmi Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Support, Risk & Stop-loss
There is no support from accumulated volume below today’s level and given the right condition the stock may perform very badly in the next couple of days.
Is Farmmi Inc. stock A Buy?
Farmmi Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
What does Farmmi (FAMI) produce?
Farmii is an agricultural production and marketing company specialised in producing mushrooms and related products that it supplies to restaurants, cafeterias, specialty stores and other customers.
Farmmi stock analysis: Can the mushroom seller regain post-IPO highs?
Since first listing in February 2018, the Farmmi stock value has suffered. The price declined steadily from a listing of $6 to around $2 at the beginning of this year amid underperforming financial results and loss-making.
Latest earnings growth driven by Shiitake mushrooms
Following a heavy drop in sales during 2020, when the pandemic forced widespread closures and lower deliveries, Farmii reported improved financial results in the six month period ended March 31 2021.
Farmmi (FAMI) stock forecast amid limited coverage
The FAMI share price prediction is tricky to foresee, and shareholders have suffered significant losses since the firm first listed, exacerbated by the dilution of existing stock during the two capital raises and share issuances conducted so far this year.
Downside risks for Farmmi
As with all small-cap stocks, Farmmi poses risks to investors. The price can be subject to more volatility with lower overall trading volume and a smaller investor base.
Farmmi (NASDAQ:FAMI) Price Target and Consensus Rating
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst’s rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Analyst Price Target Consensus
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Analyst Ratings By Month
The chart below shows how a company’s ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Average Share Price and Price Target by Month
The chart below shows how a company’s share price and consensus price target have changed over time. The dark blue line represents the company’s actual price. The lighter blue line represents the stock’s consensus price target.
Farmmi (NASDAQ:FAMI) Analyst Ratings Frequently Asked Questions
MarketBeat users like Farmmi stock more than the stock of other Consumer Staples companies. 67.45% of MarketBeat users gave Farmmi an outperform vote while consumer staples companies recieve an average of 62.60% outperform votes by MarketBeat users.
What is Farmmi stock prediction?
Farmmi Inc stock price prediction is an act of determining the future value of Farmmi shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Farmmi stock future price could yield a significant profit.
Does Farmmi have a cover story?
The number of cover stories for Farmmi depends on current market conditions and Farmmi’s risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Farmmi is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Farmmi’s long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Farmmi Naive Prediction Price Forecast For the 8th of February
Given 90 days horizon, the Naive Prediction forecasted value of Farmmi Inc on the next trading day is expected to be 0.21 with a mean absolute deviation of 0.07, mean absolute percentage error of 0.01218, and the sum of the absolute errors of 18.66.
Farmmi Forecasted Value
In the context of forecasting Farmmi’s Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Farmmi’s downside and upside margins for the forecasting period are 0.002 and 8.80, respectively.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method’s relative quality and the estimations of the prediction error of Farmmi stock data series using in forecasting.
Predictive Modules for Farmmi
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Farmmi Inc. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique.
Other Forecasting Options for Farmmi
For every potential investor in Farmmi, whether a beginner or expert, Farmmi’s price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Farmmi Stock price charts are filled with many ‘noises.’ These noises can hugely alter the decision one can make regarding investing in Farmmi.
View Currently Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses.
Farmmi Inc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Farmmi’s price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable.
Where is Farmmi located?
It focuses on processing and selling edible fungi, mainly Shiitake and Mu Er mushrooms. The company was founded by Ye Fang Zhang and Zheng Yu Wan in 2003 and is headquartered in Lishui, China.
Does Farmmi export mushrooms?
Farmmi Receives New Customer Orders for Export to the U.S. and Canada has received new customer orders for its dried whole mushrooms and dried mushroom slices. The customer, an investment trading company, will export the mushrooms to the U.S. and…
