Crescent Acquisition Corp. (NASDAQ:CRSA) went up by 6.78% from its latest closing price compared to the recent 1-year high of $13.11. The company’s stock price has collected -0.19% of loss in the last five trading sessions. Press Release reported 2 hours ago that LiveVox, a Leading Cloud-Based Contact Center Platform, to Merge with Crescent Acquisition Corp to Become a Publicly Traded Company in an $840 Million Transaction
Is It Worth Investing in Crescent Acquisition Corp. (NASDAQ :CRSA) Right Now?
Crescent Acquisition Corp. (NASDAQ:CRSA) scored a price-to-earnings ratio above its average ratio, recording 800.00 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Crescent Acquisition Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
CRSA currently public float of 25.00M and currently shorts hold a 1.09% ratio of that float. Today, the average trading volume of CRSA was 98.14K shares.
CRSA’s Market Performance
CRSA stocks went down by -0.19% for the week, with a monthly jump of 0.19% and a quarterly performance of 3.48%, while its annual performance rate touched 5.05%. The volatility ratio for the week stands at 1.84% while the volatility levels for the past 30 days are set at 1.75% for Crescent Acquisition Corp.. The simple moving average for the period of the last 20 days is 6.32% for CRSA stocks with a simple moving average of 9.66% for the last 200 days.
CRSA Trading at 8.11% from the 50-Day Moving Average
After a stumble in the market that brought CRSA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.29% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares surge +8.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.01% upper at present.
During the last 5 trading sessions, CRSA rose by +6.44%, which changed the moving average for the period of 200-days by +14.79% in comparison to the 20-day moving average, which settled at $10.49. In addition, Crescent Acquisition Corp. saw -0.48% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CRSA starting from GLAZER CAPITAL, LLC, who sale 5,000 shares at the price of $10.65 back on Jan 08. After this action, GLAZER CAPITAL, LLC now owns 3,447,971 shares of Crescent Acquisition Corp., valued at $53,250 using the latest closing price.
GLAZER CAPITAL, LLC, the 10% Owner of Crescent Acquisition Corp., sale 5,000 shares at $10.68 during a trade that took place back on Jan 05, which means that GLAZER CAPITAL, LLC is holding 3,452,971 shares at $53,400 based on the most recent closing price.
Stock Fundamentals for CRSA
Equity return is now at value 0.20, with 0.20 for asset returns.