ACE Convergence Acquisition Corp. (NASDAQ:ACEV) went up by 0.22% from its latest closing price compared to the recent 1-year high of $13.50. The company’s stock price has collected -0.20% of loss in the last five trading sessions. Press Release reported 1 hour ago that Compass Diversified Announces Sale of Advanced Circuits
Is It Worth Investing in ACE Convergence Acquisition Corp. (NASDAQ :ACEV) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for ACE Convergence Acquisition Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
ACEV currently public float of 17.25M and currently shorts hold a 2.61% ratio of that float. Today, the average trading volume of ACEV was 201.10K shares.
ACEV’s Market Performance
ACEV stocks went down by -0.20% for the week, with a monthly jump of 0.20% and a quarterly performance of 0.51%, while its annual performance rate touched 1.33%. The volatility ratio for the week stands at 0.32% while the volatility levels for the past 30 days are set at 0.37% for ACE Convergence Acquisition Corp.. The simple moving average for the period of the last 20 days is 0.22% for ACEV stocks with a simple moving average of -3.19% for the last 200 days.
ACEV Trading at 0.52% from the 50-Day Moving Average
After a stumble in the market that brought ACEV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.35% of loss for the given period.
Volatility was left at 0.37%, however, over the last 30 days, the volatility rate increased by 0.32%, as shares surge +0.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.89% upper at present.
During the last 5 trading sessions, ACEV rose by +0.28%, which changed the moving average for the period of 200-days by -1.99% in comparison to the 20-day moving average, which settled at $9.92. In addition, ACE Convergence Acquisition Corp. saw -2.94% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ACEV
Equity return is now at value -11.00, with -9.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.