The price-to-earnings ratio for Blockchain Coinvestors Acquisition Corp I (NASDAQ: BCSA) is above average at 24.21x, Company’s 36-month beta value is 0.06.
The public float for BCSA is 12.11M, and currently, short sellers hold a 0.04% ratio of that floaft. The average trading volume of BCSA on April 26, 2024 was 19.39K shares.
BCSA) stock’s latest price update
Blockchain Coinvestors Acquisition Corp I (NASDAQ: BCSA)’s stock price has gone rise by 0.27 in comparison to its previous close of 11.15, however, the company has experienced a 0.45% increase in its stock price over the last five trading days.
BCSA’s Market Performance
BCSA’s stock has risen by 0.45% in the past week, with a monthly rise of 1.36% and a quarterly rise of 2.80%. The volatility ratio for the week is 0.07% while the volatility levels for the last 30 days are 0.30% for Blockchain Coinvestors Acquisition Corp I The simple moving average for the past 20 days is 0.50% for BCSA’s stock, with a 4.04% simple moving average for the past 200 days.
BCSA Trading at 1.21% from the 50-Day Moving Average
After a stumble in the market that brought BCSA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.92% of loss for the given period.
Volatility was left at 0.30%, however, over the last 30 days, the volatility rate increased by 0.07%, as shares surge +1.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.91% upper at present.
During the last 5 trading sessions, BCSA rose by +0.45%, which changed the moving average for the period of 200-days by +8.44% in comparison to the 20-day moving average, which settled at $11.13. In addition, Blockchain Coinvestors Acquisition Corp I saw 2.85% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BCSA
The total capital return value is set at -0.1. Equity return is now at value 1.11, with 3.59 for asset returns.
Based on Blockchain Coinvestors Acquisition Corp I (BCSA), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at -0.82. The debt to equity ratio resting at 0.22. The interest coverage ratio of the stock is 2.91.
Currently, EBITDA for the company is -2.09 million with net debt to EBITDA at -0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.08.
Conclusion
In a nutshell, Blockchain Coinvestors Acquisition Corp I (BCSA) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
