Stable Road Acquisition Corp. (NASDAQ:SRAC) went down by -9.71% from its latest closing price compared to the recent 1-year high of $29.18. The company’s stock price has collected -21.08% of loss in the last five trading sessions.
Is It Worth Investing in Stable Road Acquisition Corp. (NASDAQ :SRAC) Right Now?
Stable Road Acquisition Corp. (NASDAQ:SRAC) scored a price-to-earnings ratio above its average ratio, recording 2,165.91 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Stable Road Acquisition Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
SRAC currently public float of 11.12M and currently shorts hold a 13.67% ratio of that float. Today, the average trading volume of SRAC was 1.37M shares.
SRAC’s Market Performance
SRAC stocks went down by -21.08% for the week, with a monthly drop of -19.51% and a quarterly performance of 76.97%. The volatility ratio for the week stands at 10.78% while the volatility levels for the past 30 days are set at 9.81% for Stable Road Acquisition Corp.. The simple moving average for the period of the last 20 days is -19.99% for SRAC stocks with a simple moving average of 47.54% for the last 200 days.
SRAC Trading at -7.10% from the 50-Day Moving Average
After a stumble in the market that brought SRAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.68% of loss for the given period.
Volatility was left at 9.81%, however, over the last 30 days, the volatility rate increased by 10.78%, as shares sank -16.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.85% upper at present.
During the last 5 trading sessions, SRAC fell by -21.08%, in comparison to the 20-day moving average, which settled at $23.64. In addition, Stable Road Acquisition Corp. saw 6.12% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SRAC
The liquidity ratio also appears to be rather interesting for investors as it stands at 6.97.