Reinvent Technology Partners (NYSE:RTP) went down by -0.20% from its latest closing price compared to the recent 1-year high of $17.00. The company’s stock price has collected 1.00% of gains in the last five trading sessions. Press Release reported on 06/02/21 that Joby Aviation Announces Infrastructure Partnership With Largest Mobility Hub Operator in North America
Is It Worth Investing in Reinvent Technology Partners (NYSE :RTP) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Reinvent Technology Partners declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
RTP currently public float of 69.00M and currently shorts hold a 3.25% ratio of that float. Today, the average trading volume of RTP was 1.11M shares.
RTP’s Market Performance
RTP stocks went up by 1.00% for the week, with a monthly jump of 1.92% and a quarterly performance of -8.20%. The volatility ratio for the week stands at 1.38% while the volatility levels for the past 30 days are set at 0.78% for Reinvent Technology Partners. The simple moving average for the period of the last 20 days is 1.47% for RTP stocks with a simple moving average of -9.73% for the last 200 days.
RTP Trading at 0.76% from the 50-Day Moving Average
After a stumble in the market that brought RTP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.71% of loss for the given period.
Volatility was left at 0.78%, however, over the last 30 days, the volatility rate increased by 1.38%, as shares surge +2.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.04% lower at present.
During the last 5 trading sessions, RTP rose by +1.00%, in comparison to the 20-day moving average, which settled at $9.94. In addition, Reinvent Technology Partners saw -12.80% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RTP
The liquidity ratio also appears to be rather interesting for investors as it stands at 5.22.