Oak Woods Acquisition Corp (OAKU) Stock: A Closer Look at the Moving Averages

The stock of Oak Woods Acquisition Corp (OAKU) has seen a -0.19% decrease in the past week, with a 1.32% gain in the past month, and a 2.48% flourish in the past quarter. The volatility ratio for the week is 0.09%, and the volatility levels for the past 30 days are at 0.06% for OAKU. The simple moving average for the last 20 days is 0.58% for OAKU stock, with a simple moving average of 2.80% for the last 200 days.

Is It Worth Investing in Oak Woods Acquisition Corp (NASDAQ: OAKU) Right Now?

The public float for OAKU is 6.09M and currently, short sellers hold a 0.00% ratio of that float. The average trading volume of OAKU on April 04, 2024 was 85.20K shares.

OAKU) stock’s latest price update

The stock price of Oak Woods Acquisition Corp (NASDAQ: OAKU) has plunged by 0.00 when compared to previous closing price of 10.74, but the company has seen a -0.19% decline in its stock price over the last five trading sessions.

OAKU Trading at 1.34% from the 50-Day Moving Average

After a stumble in the market that brought OAKU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.25% of loss for the given period.

Volatility was left at 0.06%, however, over the last 30 days, the volatility rate increased by 0.09%, as shares surge +1.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.39% upper at present.

During the last 5 trading sessions, OAKU rose by +0.14%, in comparison to the 20-day moving average, which settled at $10.67. In addition, Oak Woods Acquisition Corp saw 1.99% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for OAKU

The total capital return value is set at -0.03.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.

Conclusion

In conclusion, Oak Woods Acquisition Corp (OAKU) 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.

Most Popular

Related Posts