Graf Industrial Corp. (NYSE:GRAF) went up by 9.00% from its latest closing price when compared to the 1-year high value of $24.35 and move up 0.49%, while GRAF stocks collected 33.50% of gains with the last five trading sessions. Press Release reported on 08/31/20 that Graf Industrial Corp. Announces Business Update for Velodyne Lidar and Investor Webinar
GRAF Market Performance
GRAF stocks went up by 33.50% for the week, with the monthly jump of 74.41% and a quarterly performance of 135.06%, while its annual performance rate touched 145.19%. The simple moving average for the period of the last 20 days is 37.08% for GRAF stocks with the simple moving average of 105.29% for the last 200 days.
GRAF Stocks 46.08% Far from 50 Day Moving Average
After a stumble in the market that brought GRAF to its low price for the period of the last 52 weeks, Graf Industrial Corp. was able to take a rebound, for now settling with 0.49% of profit for the given period.
The stock volatility was left at 7.99%, however, within the period of a single month, the volatility rate increased by 11.48%, while the shares surge at the distance of +72.81% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +106.67% upper at the present time.
In the course of the last 5 trading sessions, GRAF went up by +33.50%, which changed the moving average for the period of 200 days to the total of +142.52% of gains for the stock in comparison to the 20-day moving average settled at $18.37. In addition, Graf Industrial Corp. saw 140.14% in overturn over the period of a single year with a tendency to cut further gains.
GRAF Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Graf Industrial Corp. (GRAF), starting from GLAZER CAPITAL, LLC, who sold 3,181,052 shares at the price of $17.72 back on Jul 02. After this action, Rushing now owns 747,118 shares of Graf Industrial Corp., valued at $56,367,431 with the latest closing price.