Coincheck Group N.V (CNCK) Shares Plummet Below 1-Year High

Coincheck Group N.V (NASDAQ: CNCK)’s stock price has gone decline by -17.53 in comparison to its previous close of 8.73, however, the company has experienced a -16.67% decrease in its stock price over the last five trading days.

Is It Worth Investing in Coincheck Group N.V (NASDAQ: CNCK) Right Now?

CNCK has 36-month beta value of 0.09.

The public float for CNCK is 2.92M, and currently, short sellers hold a 1.96% ratio of that float. The average trading volume of CNCK on January 14, 2025 was 143.46K shares.

CNCK’s Market Performance

The stock of Coincheck Group N.V (CNCK) has seen a -16.67% decrease in the past week, with a -41.18% drop in the past month, and a -31.36% fall in the past quarter. The volatility ratio for the week is 9.42%, and the volatility levels for the past 30 days are at 12.52% for CNCK. The simple moving average for the past 20 days is -19.89% for CNCK’s stock, with a -30.80% simple moving average for the past 200 days.

CNCK Trading at -30.88% from the 50-Day Moving Average

After a stumble in the market that brought CNCK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.97% of loss for the given period.

Volatility was left at 12.52%, however, over the last 30 days, the volatility rate increased by 9.42%, as shares sank -46.07% for the moving average over the last 20 days.

During the last 5 trading sessions, CNCK fell by -16.67%, in comparison to the 20-day moving average, which settled at $8.99. In addition, Coincheck Group N.V saw -19.01% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CNCK

Equity return is now at value -1.11, with -0.77 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.00.

Conclusion

To put it simply, Coincheck Group N.V (CNCK) has had a bad 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’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.

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