The latest trade, Performances and Moving Averages give us the following Picture
The share price of Dragoneer Growth Opportunities Corp. (NYSE:DGNR) dipped -0.19% to close Monday’s market session at $10.24, lower as compared to yesterday’s close. The stock price fluctuated between $10.1601 and $10.33 throughout the trading session with the volume trading being 1808837 shares, which represented a significant variation when compared to the three months average volume of 808.87K shares. The firm’s stock price fluctuated -1.25% within the last five trades and 0.00% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -10.49% in the last 6 months and -25.74% was subtracted to its value over the previous 3 months. DGNR stock is trading at a margin of 0.32%, -3.00% and -13.72% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, DGNR deals in the Financial domain. The stock is trading -36.44 percent below its 52-week high and 2.30 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 -15.29. 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 Dragoneer Growth Opportunities Corp.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $885.76 million 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 1.33, which equates the market value of a stock with its book value.