Digital World Acquisition Corp. (NASDAQ:DWAC) went down by -3.70% from its latest closing price compared to the recent 1-year high of $101.87. The company’s stock price has collected -16.36% of loss in the last five trading sessions. Barron’s reported on 11/21/22 that Trump Allowed on Twitter. Digital World Stock Slides.
Is It Worth Investing in Digital World Acquisition Corp. (NASDAQ :DWAC) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Digital World Acquisition Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
DWAC currently public float of 28.89M and currently shorts hold a 8.74% ratio of that float. Today, the average trading volume of DWAC was 2.20M shares.
DWAC’s Market Performance
DWAC stocks went down by -16.36% for the week, with a monthly drop of -10.50% and a quarterly performance of -6.63%, while its annual performance rate touched -81.28%. The volatility ratio for the week stands at 7.67% while the volatility levels for the past 30 days are set at 6.60% for Digital World Acquisition Corp. The simple moving average for the period of the last 20 days is -7.21% for DWAC stocks with a simple moving average of -46.14% for the last 200 days.
DWAC Trading at -24.05% from the 50-Day Moving Average
After a stumble in the market that brought DWAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.20% of loss for the given period.
Volatility was left at 6.60%, however, over the last 30 days, the volatility rate increased by 7.67%, as shares sank -18.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.30% lower at present.
During the last 5 trading sessions, DWAC fell by -16.36%, which changed the moving average for the period of 200-days by -68.58% in comparison to the 20-day moving average, which settled at $16.08. In addition, Digital World Acquisition Corp. saw 0.53% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DWAC
Equity return is now at value -4.00, with -3.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.