Able View Global (NASDAQ:ABLV) Shares Up 9.7% – Here’s What Happened

by · The Cerbat Gem

Able View Global Inc. (NASDAQ:ABLVGet Free Report) traded up 9.7% on Thursday . The company traded as high as $0.85 and last traded at $0.7680. 53,113 shares changed hands during trading, an increase of 252% from the average session volume of 15,106 shares. The stock had previously closed at $0.70.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Able View Global in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Research Report on ABLV

Able View Global Price Performance

The business has a 50 day moving average price of $0.74 and a two-hundred day moving average price of $0.87. The company has a quick ratio of 1.07, a current ratio of 1.44 and a debt-to-equity ratio of 0.23.

Able View Global Company Profile

(Get Free Report)

Able View Global Inc operates as brand management partners of beauty and personal care brands in China. Its brand management services encompass various segments of the brand management value chain, including strategy, branding, digital and social marketing, omni-channel sales, customer services, overseas logistics, and warehouse and fulfilment. The company was incorporated in 2021 and is based in Shanghai, China.

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