In the past week, CSLM stock has gone up by 0.63%, with a monthly gain of 1.27% and a quarterly surge of 3.25%. The volatility ratio for the week is 0.14%, and the volatility levels for the last 30 days are 0.12% for CSLM Acquisition Corp The simple moving average for the past 20 days is 0.79% for CSLM’s stock, with a 4.74% simple moving average for the past 200 days.
Is It Worth Investing in CSLM Acquisition Corp (NASDAQ: CSLM) Right Now?
CSLM Acquisition Corp (NASDAQ: CSLM) has a higher price-to-earnings ratio of 49.27x compared to its average ratio, The 36-month beta value for CSLM is at 0.02.
The public float for CSLM is 9.27M, and currently, shorts hold a 0.01% of that float. The average trading volume for CSLM on April 16, 2024 was 46.11K shares.
CSLM) stock’s latest price update
The stock price of CSLM Acquisition Corp (NASDAQ: CSLM) has plunged by 0.00 when compared to previous closing price of 11.13, but the company has seen a 0.63% gain in its stock price over the last five trading sessions.
CSLM Trading at 1.40% from the 50-Day Moving Average
After a stumble in the market that brought CSLM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.36% of loss for the given period.
Volatility was left at 0.12%, however, over the last 30 days, the volatility rate increased by 0.14%, as shares surge +1.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.49% upper at present.
During the last 5 trading sessions, CSLM rose by +0.63%, which changed the moving average for the period of 200-days by +8.48% in comparison to the 20-day moving average, which settled at $11.05. In addition, CSLM Acquisition Corp saw 2.20% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CSLM
The total capital return value is set at -0.04. Equity return is now at value 3.99, with 3.74 for asset returns.
Based on CSLM Acquisition Corp (CSLM), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 2.12. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 0.78.
Currently, EBITDA for the company is -1.62 million with net debt to EBITDA at -0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.13.
Conclusion
In conclusion, CSLM Acquisition Corp (CSLM) 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.
