LAMF Global Ventures Corp I’s (LGVC) Stock: A 6.98% Simple Moving Average for the Past 20 Days

The stock of LAMF Global Ventures Corp I (LGVC) has gone up by 8.21% for the week, with a 5.52% rise in the past month and a 6.50% rise in the past quarter. The volatility ratio for the week is 9.14%, and the volatility levels for the past 30 days are 3.26% for LGVC. The simple moving average for the past 20 days is 6.98% for LGVC’s stock, with a 7.89% simple moving average for the past 200 days.

Is It Worth Investing in LAMF Global Ventures Corp I (NASDAQ: LGVC) Right Now?

Additionally, the 36-month beta value for LGVC is -0.05.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for LGVC is 2.96M and currently, short sellers hold a 0.03% ratio of that float. The average trading volume of LGVC on April 03, 2024 was 35.20K shares.

LGVC) stock’s latest price update

LAMF Global Ventures Corp I (NASDAQ: LGVC)’s stock price has plunge by 6.20relation to previous closing price of 10.80. Nevertheless, the company has seen a 8.21% surge in its stock price over the last five trading sessions.

LGVC Trading at 6.10% from the 50-Day Moving Average

After a stumble in the market that brought LGVC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.60% of loss for the given period.

Volatility was left at 3.26%, however, over the last 30 days, the volatility rate increased by 9.14%, as shares surge +3.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.91% upper at present.

During the last 5 trading sessions, LGVC rose by +6.89%, which changed the moving average for the period of 200-days by +9.10% in comparison to the 20-day moving average, which settled at $10.74. In addition, LAMF Global Ventures Corp I saw 6.50% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for LGVC

The total capital return value is set at -0.55. Equity return is now at value -2.63, with -2.34 for asset returns.

Currently, EBITDA for the company is -8.65 million with net debt to EBITDA at 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.03.

Conclusion

In conclusion, LAMF Global Ventures Corp I (LGVC) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.

Related Posts