A SPAC II Acquisition Corp (NASDAQ: ASCB) has a price-to-earnings ratio of 43.55x that is above its average ratio. Additionally, the 36-month beta value for ASCB is -0.03.
The public float for ASCB is 2.10M and currently, short sellers hold a 0.06% ratio of that float. The average trading volume of ASCB on April 26, 2024 was 8.48K shares.
ASCB) stock’s latest price update
The stock price of A SPAC II Acquisition Corp (NASDAQ: ASCB) has plunged by -0.04 when compared to previous closing price of 11.15, but the company has seen a 0.63% gain in its stock price over the last five trading sessions.
ASCB’s Market Performance
ASCB’s stock has risen by 0.63% in the past week, with a monthly rise of 0.09% and a quarterly rise of 2.67%. The volatility ratio for the week is 0.09% while the volatility levels for the last 30 days are 1.17% for A SPAC II Acquisition Corp The simple moving average for the past 20 days is -0.93% for ASCB’s stock, with a 3.69% simple moving average for the past 200 days.
ASCB Trading at 0.12% from the 50-Day Moving Average
After a stumble in the market that brought ASCB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.32% of loss for the given period.
Volatility was left at 1.17%, however, over the last 30 days, the volatility rate increased by 0.09%, as shares surge +0.09% 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, ASCB fell by -6.86%, which changed the moving average for the period of 200-days by +8.05% in comparison to the 20-day moving average, which settled at $11.24. In addition, A SPAC II Acquisition Corp saw 2.58% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ASCB
The total capital return value is set at -0.14. Equity return is now at value 5.04, with 4.73 for asset returns.
Currently, EBITDA for the company is -0.84 million with net debt to EBITDA at 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.03.
Conclusion
In conclusion, A SPAC II Acquisition Corp (ASCB) 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.
