The latest trade, Performances and Moving Averages give us the following Picture
The share price of Sports Entertainment Acquisition Corp. (NYSE:SEAH) dipped -0.58% to close Wednesday’s market session at $10.22, lower as compared to yesterday’s close. The stock price fluctuated between $10.195 and $10.305 throughout the trading session with the volume trading being 2319704 shares, which represented a significant variation when compared to the three months average volume of 880.38K shares. The firm’s stock price fluctuated -0.58% within the last five trades and 2.92% within the last 30 trades, which was a significant change from the beginning of this year. SEAH stock is trading at a margin of 1.80%, 2.08% and 0.92% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, SEAH deals in the Financial domain. The stock is trading -5.81 percent below its 52-week high and 6.57 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 null. 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 Sports Entertainment Acquisition Corp.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $1.07 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 1.32, which equates the market value of a stock with its book value.