Andretti Acquisition Corp. II (POLEU) Stock: Evaluating the Market Performance

On September 26, 2024, POLEU’s average trading volume was 505.07K shares.

POLEU) stock’s latest price update

Andretti Acquisition Corp. II (NASDAQ: POLEU)’s stock price has gone decline by 0.00 in comparison to its previous close of 9.99, however, the company has experienced a 0.10% increase in its stock price over the last five trading days.

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POLEU’s Market Performance

The simple moving average for the past 20 days is 0.08% for POLEU’s stock, with a 0.08% simple moving average for the past 200 days.

POLEU Trading at 0.08% from the 50-Day Moving Average

After a stumble in the market that brought POLEU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.48% of loss for the given period.

During the last 5 trading sessions, POLEU rose by +0.10%, in comparison to the 20-day moving average. In addition, Andretti Acquisition Corp. II saw 0.20% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for POLEU

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.22.

Conclusion

To wrap up, the performance of Andretti Acquisition Corp. II (POLEU) has been better in recent times. The stock has received a mixed of “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.

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