Allied Esports Entertainment Inc. (NASDAQ:AESE) went up by 6.45% from its latest closing price compared to the recent 1-year high of $5.94. The company’s stock price has collected 13.01% of gains in the last five trading sessions. The Wall Street Journal reported on 01/06/21 that The SPAC Bubble May Burst—and Not a Day Too Soon
Is It Worth Investing in Allied Esports Entertainment Inc. (NASDAQ :AESE) Right Now?
Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for Allied Esports Entertainment Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $3.75. AESE currently public float of 14.94M and currently shorts hold a 2.74% ratio of that float. Today, the average trading volume of AESE was 1.56M shares.
AESE’s Market Performance
AESE stocks went up by 13.01% for the week, with a monthly jump of 35.25% and a quarterly performance of 24.06%, while its annual performance rate touched -28.26%. The volatility ratio for the week stands at 10.34% while the volatility levels for the past 30 days are set at 13.06% for Allied Esports Entertainment Inc.. The simple moving average for the period of the last 20 days is 6.25% for AESE stocks with a simple moving average of -4.98% for the last 200 days.
AESE Trading at 34.94% from the 50-Day Moving Average
After a stumble in the market that brought AESE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.22% of loss for the given period.
Volatility was left at 13.06%, however, over the last 30 days, the volatility rate increased by 10.34%, as shares surge +36.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +71.88% upper at present.
During the last 5 trading sessions, AESE rose by +13.01%, which changed the moving average for the period of 200-days by -14.73% in comparison to the 20-day moving average, which settled at $1.5750. In addition, Allied Esports Entertainment Inc. saw 4.43% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AESE starting from Knighted Pastures LLC, who purchase 447,138 shares at the price of $1.41 back on Dec 11. After this action, Knighted Pastures LLC now owns 4,392,858 shares of Allied Esports Entertainment Inc., valued at $630,465 using the latest closing price.
Knighted Pastures LLC, the 10% Owner of Allied Esports Entertainment Inc., purchase 87,012 shares at $1.14 during a trade that took place back on Dec 10, which means that Knighted Pastures LLC is holding 3,945,720 shares at $99,194 based on the most recent closing price.
Stock Fundamentals for AESE
Equity return is now at value -74.10, with -46.50 for asset returns.