The volatility ratio for the week is 0.19%, and the volatility levels for the past 30 days are at 0.27% for LEGT. The simple moving average for the last 20 days is 0.08% for LEGT’s stock, with a simple moving average of 0.17% for the last 200 days.
Is It Worth Investing in Legato Merger Corp III (AMEX: LEGT) Right Now?
The public float for LEGT is 20.19M, and currently, shorts hold a 0.02% of that float. The average trading volume for LEGT on May 10, 2024 was 130.71K shares.
LEGT) stock’s latest price update
Legato Merger Corp III (AMEX: LEGT)’s stock price has soared by 0.05 in relation to previous closing price of 10.10.
LEGT Trading at 0.17% from the 50-Day Moving Average
After a stumble in the market that brought LEGT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.27% of loss for the given period.
Volatility was left at 0.27%, however, over the last 30 days, the volatility rate increased by 0.19%, as shares surge +0.40% for the moving average over the last 20 days.
During the last 5 trading sessions, LEGT remain unchanged, in comparison to the 20-day moving average, which settled at $10.09. In addition, Legato Merger Corp III saw 0.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for LEGT
The liquidity ratio also appears to be rather interesting for investors as it stands at 66.15.
Conclusion
In conclusion, Legato Merger Corp III (LEGT) 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.
