Altimeter Growth Corp. (NASDAQ:AGC) went up by 6.34% from its latest closing price compared to the recent 1-year high of $18.11. The company’s stock price has collected 9.11% of gains in the last five trading sessions. MarketWatch.com reported on 04/03/21 that Nine SPACs with big money and bigwigs behind them, and what they soon could be buying
Is It Worth Investing in Altimeter Growth Corp. (NASDAQ :AGC) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Altimeter Growth Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
AGC currently public float of 37.50M and currently shorts hold a 0.63% ratio of that float. Today, the average trading volume of AGC was 425.37K shares.
AGC’s Market Performance
AGC stocks went up by 9.11% for the week, with a monthly jump of 10.24% and a quarterly performance of -1.93%. The volatility ratio for the week stands at 4.31% while the volatility levels for the past 30 days are set at 8.11% for Altimeter Growth Corp.. The simple moving average for the period of the last 20 days is 7.78% for AGC stocks with a simple moving average of 2.07% for the last 200 days.
AGC Trading at 2.95% from the 50-Day Moving Average
After a stumble in the market that brought AGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.42% of loss for the given period.
Volatility was left at 8.11%, however, over the last 30 days, the volatility rate increased by 4.31%, as shares surge +14.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.78% lower at present.
During the last 5 trading sessions, AGC rose by +19.65%, in comparison to the 20-day moving average, which settled at $12.62. In addition, Altimeter Growth Corp. saw -1.24% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AGC
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.