The latest trade, Performances and Moving Averages give us the following Picture
The share price of Churchill Capital Corp IV (NYSE:CCIV) dipped -5.60% to close Monday’s market session at $19.91, lower as compared to yesterday’s close. The stock price fluctuated between $19.88 and $21.19 throughout the trading session with the volume trading being 13255504 shares, which represented a significant variation when compared to the three months average volume of 39.47 million shares. The firm’s stock price fluctuated -16.59% within the last five trades and -16.27% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 106.32% in the last 6 months and -20.99% was subtracted to its value over the previous 3 months. CCIV stock is trading at a margin of -7.99%, -22.01% and 10.11% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, CCIV deals in the Financial domain. The stock is trading -69.30 percent below its 52-week high and 107.40 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 21.3. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Churchill Capital Corp IV’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $5.39 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The firm managed a Price-to-Book ratio of 2.58, which equates the market value of a stock with its book value.