Churchill Capital Corp V (NYSE: CCV) has a higher price-to-earnings ratio of 21.57x compared to its average ratio, Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CCV is 50.00M, and currently, shorts hold a 0.05% of that float. The average trading volume for CCV on March 16, 2023 was 460.47K shares.
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CCV) stock’s latest price update
Churchill Capital Corp V (NYSE: CCV)’s stock price has decreased by -0.50 compared to its previous closing price of 10.10. Nevertheless, the company has seen a loss of -0.40% in its stock price over the last five trading days.
CCV’s Market Performance
Churchill Capital Corp V (CCV) has experienced a -0.40% fall in stock performance for the past week, with a 0.30% rise in the past month, and a 0.10% rise in the past quarter. The volatility ratio for the week is 2.50%, and the volatility levels for the past 30 days are at 0.73% for CCV. The simple moving average for the last 20 days is -0.38% for CCV stock, with a simple moving average of 1.06% for the last 200 days.
CCV Trading at 0.09% from the 50-Day Moving Average
After a stumble in the market that brought CCV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.64% of loss for the given period.
Volatility was left at 0.73%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares surge +0.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.11% upper at present.
During the last 5 trading sessions, CCV fell by -0.40%, which changed the moving average for the period of 200-days by +2.45% in comparison to the 20-day moving average, which settled at $10.09. In addition, Churchill Capital Corp V saw 1.11% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CCV
Equity return is now at value 6.20, with 5.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
In conclusion, Churchill Capital Corp V (CCV) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.