Gores Metropoulos Inc. (NASDAQ:GMHI) went up by 0.28% from its latest closing price compared to the recent 1-year high of $13.70. The company’s stock price has collected -4.48% of loss in the last five trading sessions. Press Release reported on 09/15/20 that Gores Metropoulos, Inc. Files Registration Statement on Form S-4 in Connection With Proposed Business Combination With Luminar Technologies, Inc.
Is It Worth Investing in Gores Metropoulos Inc. (NASDAQ :GMHI) Right Now?
Gores Metropoulos Inc. (NASDAQ:GMHI) scored a price-to-earnings ratio above its average ratio, recording 162.39 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Gores Metropoulos Inc. 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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GMHI currently public float of 39.89M and currently shorts hold a 1.20% ratio of that float. Today, the average trading volume of GMHI was 1.16M shares.
GMHI’s Market Performance
GMHI stocks went down by -4.48% for the week, with a monthly drop of -8.88% and a quarterly performance of 0.74%. The volatility ratio for the week stands at 5.26% while the volatility levels for the past 30 days are set at 5.71% for Gores Metropoulos Inc.. The simple moving average for the period of the last 20 days is -9.62% for GMHI stocks with a simple moving average of 2.65% for the last 200 days.
GMHI Trading at -3.82% from the 50-Day Moving Average
After a stumble in the market that brought GMHI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.58% of loss for the given period.
Volatility was left at 5.71%, however, over the last 30 days, the volatility rate increased by 5.26%, as shares sank -4.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.18% lower at present.
During the last 5 trading sessions, GMHI fell by -4.48%, which changed the moving average for the period of 200-days by +8.26% in comparison to the 20-day moving average, which settled at $12.01. In addition, Gores Metropoulos Inc. saw 6.67% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GMHI
The total capital return value is set at -0.42, while invested capital returns managed to touch 2.77.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.