Farmmi (FAMI) Stock Price, News & Analysis

Company Overview

Farmmi, Inc., through its subsidiaries, engages in processing and sale of agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers Shiitake mushrooms, Mu Er mushrooms, and other edible fungi, such as bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondose, coprinus comatus, and hericium erinaceus, as well as dried edible fungi. It is also involved in trading of cotton, corn, and other agricultural products. The company's products are offered under Lishui Shangeng, Farmmi Liangpin, Forasen, and Puyangtang brands. It offers its products through local distributors to processing manufacturers, supermarkets, restaurants, cafeterias, and local specialty stores. The company was founded in 1994 and is headquartered in Lishui, China.

Key Stats

• Today's Range: $0.26 to $0.30
• 50-Day Range: $0.22 to $0.48
• 52-Week Range: $0.17 to $2.35
• Volume: 120,145 shs
• Average Volume: 641,980 shs
• Market Capitalization: $1.72 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Farmmi Stock Analysis - MarketRank™

Farmmi scored higher than 5% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Farmmi.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Farmmi has a P/B Ratio of 0.01. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.38% of the float of Farmmi has been sold short.

Short Interest Ratio / Days to Cover

Farmmi has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Farmmi has recently increased by 240.04%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Farmmi does not currently pay a dividend.

Dividend Growth

Farmmi does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.38% of the float of Farmmi has been sold short.

Short Interest Ratio / Days to Cover

Farmmi has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Farmmi has recently increased by 240.04%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Farmmi has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Consumer Staples companies.

Search Interest

Only 1 people have searched for FAMI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Farmmi insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.70% of the stock of Farmmi is held by insiders.

Percentage Held by Institutions

Only 0.28% of the stock of Farmmi is held by institutions.

FAMI Stock Analysis - Frequently Asked Questions

How have FAMI shares performed this year?

Farmmi's stock was trading at $1.24 at the start of the year. Since then, FAMI shares have decreased by 76.5% and is now trading at $0.2911.
View the best growth stocks for 2024 here.

When did Farmmi's stock split?

Farmmi's stock reverse split on the morning of Monday, September 25th 2023. The 1-8 reverse split was announced on Monday, September 25th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, September 25th 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

How do I buy shares of Farmmi?

Shares of FAMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Farmmi own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Farmmi investors own include Meta Platforms (META), SNDL (SNDL), Ford Motor (F), Tesla (TSLA), Advanced Micro Devices (AMD), NIO (NIO) and Bank of America (BAC).

Company Calendar

• Today: 11/21/2024
• Next Earnings (Estimated): 2/03/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Canned fruits & specialties
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:FAMI
• CUSIP: N/A
• CIK: 1701261
• Web: www.farmmi88.com
• Phone: 8657882612876
• Fax: N/A
• Employees: 60
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 21.81
• Quick Ratio: 17.55

Sales & Book Value

• Annual Sales: $110.36 million
• Price / Sales: 0.02
• Cash Flow: $0.49 per share
• Price / Cash Flow: 0.60
• Book Value: $27.30 per share
• Price / Book: 0.01

Miscellaneous

• Outstanding Shares: 5,930,000
• Free Float: 5,833,000
• Market Cap: $1.73 million
• Optionable: Not Optionable
• Beta: 1.21