The latest trade, Performances and Moving Averages give us the following Picture
The share price of Gores Holdings V Inc. (NASDAQ:GRSV) raised 0.50% to close Wednesday’s market session at $10.02, higher as compared to yesterday’s close. The stock price fluctuated between $9.97 and $10.02 throughout the trading session with the volume trading being 2988445 shares, which represented a significant variation when compared to the three months average volume of 510.64K shares. The firm’s stock price fluctuated 0.20% within the last five trades and -3.19% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -6.96% in the last 6 months and -0.20% was subtracted to its value over the previous 3 months. GRSV stock is trading at a margin of -1.28%, -2.00% and -2.07% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, GRSV deals in the Financial domain. The stock is trading -53.91 percent below its 52-week high and 3.73 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 -0.69. 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 Gores Holdings V Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $656.91 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 1.38, which equates the market value of a stock with its book value.