Onfolio Holdings Inc. (ONFO)’s stock is trading at $2.01 at the moment marking a rise of 71.79% from the last session close. As of this writing, shares are priced at -45.08% less than their 52-week high of $3.66, and 91.43% over their 52-week low of $1.05. Based on the past 30-day period, the stock price is -8.33% below the high and +100.00% above the low.
25-cent Stock Takes $11T Commodities Sector Digital
One brilliantly-run technology firm has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. Best of all, this upstart technology firm is currently trading undiscovered — below 25-cents per share — so very, very few investors know about it yet! For investors… it's an early-stage opportunity in a company that's bringing the US$11T global commodities sector straight into the 21st century.
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Further, it is important to consider ONFO stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 2.73.ONFO’s price to book ratio for the most recent quarter was 0.48, resulting in an 1.28 price to cash per share for the period.
How does Onfolio Holdings Inc. (ONFO) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 5.00 in simple terms.
Onfolio Holdings Inc. (NASDAQ: ONFO) Ownership Details
I will give a breakdown of the key shareholders in Onfolio Holdings Inc. (ONFO). Recent figures show that the company’s insiders hold 36.95% of shares. A total of 11 institutional investors hold shares in the company, making 8.44% of its stock and 13.38% of its float.
Mar 30, 2023, it was reported that the Company’s largest institutional holder is Walleye Capital LLC holding total of 0.23 million shares that make 4.48% of the company’s total number of shares and are currently priced at 0.47 million.
The securities firm Sabby Management, LLC holds 90210.0 shares of ONFO, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 1.77%, and the holding percentage of shares is valued at 0.19 million.
An overview of Onfolio Holdings Inc.’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Onfolio Holdings Inc. (ONFO) traded 1,906,084 shares per day, with a moving average of $1.2274 and price change of +0.8810. With the moving average of $1.3807 and a price change of +0.7200, about 769,860 shares changed hands on average over the past 50 days. Finally, ONFO’s 100-day average volume is 396,981 shares, alongside a moving average of $1.5932 and a price change of +0.6000.
