Atlas Crest Investment Corp. (NYSE:ACIC) went down by -5.02% from its latest closing price compared to the recent 1-year high of $18.60. The company’s stock price has collected 15.63% of gains in the last five trading sessions. MarketWatch.com reported on 02/17/21 that Mesa Air stock soars to pre-COVID highs after BofA double upgrade to buy
Is It Worth Investing in Atlas Crest Investment Corp. (NYSE :ACIC) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Atlas Crest Investment 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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Today, the average trading volume of ACIC was 2.67M shares.
ACIC’s Market Performance
The volatility ratio for the week stands at 10.53% while the volatility levels for the past 30 days are set at 5.96% for Atlas Crest Investment Corp.. The simple moving average for the period of the last 20 days is 36.07% for ACIC stocks with a simple moving average of 46.82% for the last 200 days.
ACIC Trading at 46.82% from the 50-Day Moving Average
After a stumble in the market that brought ACIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.47% of loss for the given period.
Volatility was left at 5.96%, however, over the last 30 days, the volatility rate increased by 10.53%, as shares surge +54.17% for the moving average over the last 20 days.
During the last 5 trading sessions, ACIC rose by +15.63%, in comparison to the 20-day moving average, which settled at $12.25. In addition, Atlas Crest Investment Corp. saw 61.83% in overturn over a single year, with a tendency to cut further gains.