Pershing Square Tontine Holdings Ltd. (NYSE:PSTH) went down by -0.43% from its latest closing price compared to the recent 1-year high of $34.10. The company’s stock price has collected -7.35% of loss in the last five trading sessions. Barron’s reported on 06/04/21 that Bill Ackman’s SPAC Fell 12% After Announcing Its Deal. That Could Be an Opportunity.
Is It Worth Investing in Pershing Square Tontine Holdings Ltd. (NYSE :PSTH) Right Now?
Pershing Square Tontine Holdings Ltd. (NYSE:PSTH) scored a price-to-earnings ratio above its average ratio, recording 84.17 x from its present earnings ratio. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Pershing Square Tontine Holdings Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
PSTH currently public float of 200.00M and currently shorts hold a 2.46% ratio of that float. Today, the average trading volume of PSTH was 2.83M shares.
PSTH’s Market Performance
PSTH stocks went down by -7.35% for the week, with a monthly drop of -0.56% and a quarterly performance of -15.15%. The volatility ratio for the week stands at 4.53% while the volatility levels for the past 30 days are set at 3.57% for Pershing Square Tontine Holdings Ltd.. The simple moving average for the period of the last 20 days is -5.92% for PSTH stocks with a simple moving average of -8.97% for the last 200 days.
PSTH Trading at -5.36% from the 50-Day Moving Average
After a stumble in the market that brought PSTH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.32% of loss for the given period.
Volatility was left at 3.57%, however, over the last 30 days, the volatility rate increased by 4.53%, as shares surge +1.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.11% lower at present.
During the last 5 trading sessions, PSTH fell by -7.35%, in comparison to the 20-day moving average, which settled at $24.55. In addition, Pershing Square Tontine Holdings Ltd. saw -16.74% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PSTH
The liquidity ratio also appears to be rather interesting for investors as it stands at 17.67.