Oaktree Acquisition Corp. (NYSE:OAC) went down by -5.79% from its latest closing price compared to the recent 1-year high of $12.49. The company’s stock price has collected 9.10% of gains in the last five trading sessions. Press Release reported 1 hour ago that CORRECTING AND REPLACING:/ Hims & Hers, a Multi-Specialty Telehealth Platform, to Become Publicly-Traded via Merger with Oaktree Acquisition Corp.
Is It Worth Investing in Oaktree Acquisition Corp. (NYSE :OAC) Right Now?
Oaktree Acquisition Corp. (NYSE:OAC) scored a price-to-earnings ratio above its average ratio, recording 115.87 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Oaktree Acquisition Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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OAC currently public float of 18.67M and currently shorts hold a 0.12% ratio of that float. Today, the average trading volume of OAC was 227.04K shares.
OAC’s Market Performance
OAC stocks went up by 9.10% for the week, with a monthly jump of 12.12% and a quarterly performance of 15.42%. The volatility ratio for the week stands at 4.52% while the volatility levels for the past 30 days are set at 3.13% for Oaktree Acquisition Corp.. The simple moving average for the period of the last 20 days is 0.55% for OAC stocks with a simple moving average of 9.02% for the last 200 days.
OAC Trading at 3.34% from the 50-Day Moving Average
After a stumble in the market that brought OAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.37% of loss for the given period.
Volatility was left at 3.13%, however, over the last 30 days, the volatility rate increased by 4.52%, as shares surge +1.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.08% upper at present.
During the last 5 trading sessions, OAC rose by +2.11%, which changed the moving average for the period of 200-days by +10.29% in comparison to the 20-day moving average, which settled at $11.02. In addition, Oaktree Acquisition Corp. saw 18.69% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OAC
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.