Colombier Acquisition Corp. II (CLBR) Shares Down Despite Recent Market Volatility

Colombier Acquisition Corp. II (NYSE: CLBR)’s stock price has decreased by 0.00 compared to its previous closing price of 10.29. However, the company has seen a 0.39% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-03-15 that NEW YORK–(BUSINESS WIRE)–Colombier Acquisition Corp. II (NYSE: CLBR.U) (the “Company” or “Colombier II”) announced today that it will attend the 36th Annual ROTH Conference being held March 17-19, 2024 at The Ritz Carlton Laguna Niguel in Dana Point, California. Omeed Malik, Chief Executive Officer and Chairman of the Board, will participate in fireside chat hosted by Joe Tonnos, Managing Director at Roth. The fireside chat is scheduled for Monday, March 18th at 3:00 PM PT. A live audio webca.

Is It Worth Investing in Colombier Acquisition Corp. II (NYSE: CLBR) Right Now?

The public float for CLBR is 16.00M, and currently, short sellers hold a 0.02% ratio of that float. The average trading volume of CLBR on July 18, 2024 was 61.61K shares.

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CLBR’s Market Performance

CLBR stock saw a decrease of 0.39% in the past week, with a monthly decline of -0.10% and a quarterly a decrease of -0.48%. The volatility ratio for the week is 0.22%, and the volatility levels for the last 30 days are 0.17% for Colombier Acquisition Corp. II (CLBR). The simple moving average for the last 20 days is 0.09% for CLBR stock, with a simple moving average of 0.23% for the last 200 days.

CLBR Trading at -0.24% from the 50-Day Moving Average

After a stumble in the market that brought CLBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.81% of loss for the given period.

Volatility was left at 0.17%, however, over the last 30 days, the volatility rate increased by 0.22%, as shares sank -0.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.58% lower at present.

During the last 5 trading sessions, CLBR rose by +0.39%, in comparison to the 20-day moving average, which settled at $10.28. In addition, Colombier Acquisition Corp. II saw 2.08% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for CLBR

Current profitability levels for the company are sitting at:

  • -0.42 for the present operating margin
  • 0.36 for the gross margin

The net margin for Colombier Acquisition Corp. II stands at -0.61. The total capital return value is set at -0.02.

Based on Colombier Acquisition Corp. II (CLBR), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -1.61. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 4.5.

Currently, EBITDA for the company is -29.84 million with net debt to EBITDA at -0.14. When we switch over and look at the enterprise to sales, we see a ratio of 14.48. The receivables turnover for the company is 10.41for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.56.

Conclusion

To put it simply, Colombier Acquisition Corp. II (CLBR) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.

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