Keen Vision Acquisition Corp (KVAC) Stock: A Value Analysis

The price-to-earnings ratio for Keen Vision Acquisition Corp (NASDAQ: KVAC) is 32.02x, which is above its average ratio. Moreover, the 36-month beta value for KVAC is -0.03.

The public float for KVAC is 15.61M and currently, short sellers hold a 0.09% of that float. On September 26, 2024, KVAC’s average trading volume was 102.90K shares.

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KVAC) stock’s latest price update

The stock price of Keen Vision Acquisition Corp (NASDAQ: KVAC) has surged by 0.09 when compared to previous closing price of 10.74, but the company has seen a 0.19% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-09-11 that NEW YORK, Sept. 11, 2024 /PRNewswire/ — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

KVAC’s Market Performance

Keen Vision Acquisition Corp (KVAC) has seen a 0.19% rise in stock performance for the week, with a 0.75% gain in the past month and a 1.80% surge in the past quarter. The volatility ratio for the week is 0.08%, and the volatility levels for the past 30 days are at 0.08% for KVAC. The simple moving average for the last 20 days is 0.38% for KVAC stock, with a simple moving average of 2.61% for the last 200 days.

KVAC Trading at 0.73% from the 50-Day Moving Average

After a stumble in the market that brought KVAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.14% of loss for the given period.

Volatility was left at 0.08%, however, over the last 30 days, the volatility rate increased by 0.08%, as shares surge +0.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.51% upper at present.

During the last 5 trading sessions, KVAC rose by +0.19%, which changed the moving average for the period of 200-days by +4.88% in comparison to the 20-day moving average, which settled at $10.71. In addition, Keen Vision Acquisition Corp saw 4.03% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for KVAC

The total capital return value is set at -0.02. Equity return is now at value 8.32, with 8.15 for asset returns.

Currently, EBITDA for the company is -0.48 million with net debt to EBITDA at 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 19.70.

Conclusion

To wrap up, the performance of Keen Vision Acquisition Corp (KVAC) 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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