The Benchmark Company raised the price target for the Crescent Acquisition Corp. (NASDAQ:CRSA) stock to “a Buy”. The rating was released on March 31, 2021.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Crescent Acquisition Corp. (NASDAQ:CRSA) raised 0.20% to close Friday’s market session at $10.11, higher as compared to yesterday’s close. The stock price fluctuated between $10.08 and $10.11 throughout the trading session with the volume trading being 2064317 shares, which represented a significant variation when compared to the three months average volume of 307.58K shares. The firm’s stock price fluctuated 0.30% within the last five trades and 0.40% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 0.20% in the last 6 months and -1.17% was subtracted to its value over the previous 3 months. CRSA stock is trading at a margin of 0.23%, 0.28% and -0.64% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, CRSA deals in the Financial domain. The stock is trading -22.88 percent below its 52-week high and 7.11 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 0.65. 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 Crescent Acquisition Corp.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $315.23 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 63.19, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
GLAZER CAPITAL, LLC, the 10% Owner at Crescent Acquisition Corp. (CRSA) has sold 5,000 shares of firm on Jan 08 at a price of $10.65 against the total amount of $53250.0. In another inside trade, GLAZER CAPITAL, LLC, 10% Owner of Crescent Acquisition Corp. (NASDAQ:CRSA) sold 5,000 shares of the firm on Jan 05 for a total worth of $53400.0 at a price of $10.68. An inside trade which took place on Dec 23, 10% Owner of Crescent Acquisition Corp. GLAZER CAPITAL, LLC sold 10,000 shares of firm against total price of $0.11 million at the cost of $10.60 per share.