Highlights from the Ratings and Financial Report for Altitude Acquisition Corp. (ALTU) – News Heater
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Highlights from the Ratings and Financial Report for Altitude Acquisition Corp. (ALTU)

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Altitude Acquisition Corp. (NASDAQ:ALTU) went up by 0.10% from its latest closing price compared to the recent 1-year high of $14.54. The company’s stock price has collected -0.20% of loss in the last five trading sessions.

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Is It Worth Investing in Altitude Acquisition Corp. (NASDAQ :ALTU) Right Now?

Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Altitude Acquisition 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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ALTU currently public float of 22.50M and currently shorts hold a 1.49% ratio of that float. Today, the average trading volume of ALTU was 189.88K shares.

ALTU’s Market Performance

ALTU stocks went down by -0.20% for the week, with a monthly drop of -0.20% and a quarterly performance of -0.31%. The volatility ratio for the week stands at 0.33% while the volatility levels for the past 30 days are set at 0.20% for Altitude Acquisition Corp.. The simple moving average for the period of the last 20 days is 0.04% for ALTU stocks with a simple moving average of -3.60% for the last 200 days.

ALTU Trading at 0.04% from the 50-Day Moving Average

After a stumble in the market that brought ALTU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.67% of loss for the given period.

Volatility was left at 0.20%, however, over the last 30 days, the volatility rate increased by 0.33%, as shares surge +0.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.41% lower at present.

During the last 5 trading sessions, ALTU rose by +0.10%, in comparison to the 20-day moving average, which settled at $9.79. In addition, Altitude Acquisition Corp. saw -3.17% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for ALTU

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The liquidity ratio also appears to be rather interesting for investors as it stands at 9.99.

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