The stock of Chenghe Acquisition I Co (LATG) has seen a -18.32% decrease in the past week, with a -1.46% drop in the past month, and a 1.95% flourish in the past quarter. The volatility ratio for the week is 20.97%, and the volatility levels for the past 30 days are at 9.15% for LATG. The simple moving average for the last 20 days is -3.38% for LATG stock, with a simple moving average of 3.56% for the last 200 days.
Is It Worth Investing in Chenghe Acquisition I Co (NASDAQ: LATG) Right Now?
Additionally, the 36-month beta value for LATG is 0.07.
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The public float for LATG is 3.53M and currently, short sellers hold a 0.23% ratio of that float. The average trading volume of LATG on January 02, 2025 was 38.83K shares.
LATG) stock’s latest price update
The stock price of Chenghe Acquisition I Co (NASDAQ: LATG) has surged by 19.42 when compared to previous closing price of 9.63, but the company has seen a -18.32% decline in its stock price over the last five trading sessions.
LATG Trading at -1.73% from the 50-Day Moving Average
After a stumble in the market that brought LATG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.28% of loss for the given period.
Volatility was left at 9.15%, however, over the last 30 days, the volatility rate increased by 20.97%, as shares sank -11.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.20% lower at present.
During the last 5 trading sessions, LATG fell by -26.42%, which changed the moving average for the period of 200-days by -1.33% in comparison to the 20-day moving average, which settled at $11.85. In addition, Chenghe Acquisition I Co saw 19.42% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for LATG
The total capital return value is set at -0.06. Equity return is now at value -7.82, with -7.37 for asset returns.
Currently, EBITDA for the company is 2.57 million with net debt to EBITDA at -1.63. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
In conclusion, Chenghe Acquisition I Co (LATG) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high..
