At the end of the latest market close, Churchill Capital Corp IV (CCIV) was valued at $22.97. In that particular session, Stock kicked-off at the price of $22.98 while reaching the peak value of $23.34 and lowest value recorded on the day was $22.76. The stock current value is $22.58.
Recently in News on February 22, 2021, Lucid Motors to Go Public in Merger with Churchill Capital Corp IV, Bolstering Lucid’s Vision to Redefine Luxury, Performance and Efficiency in the Sustainable Electric Vehicle Market. – Lucid’s mission is to inspire the adoption of sustainable transportation by creating the most captivating luxury electric vehicles centered around the human experience. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Churchill Capital Corp IV shares are logging -65.18% during the 52-week period from high price, and 135.26% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $9.60 and $64.86.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 4225535 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Churchill Capital Corp IV (CCIV) recorded performance in the market was 129.47%, having the revenues showcasing 129.01% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 5.99B.
Churchill Capital Corp IV (CCIV) in the eye of market guru’s
During the last month, 0 analysts gave the Churchill Capital Corp IV a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 21.10, with a change in the price was noted +12.74. In a similar fashion, Churchill Capital Corp IV posted a movement of +131.49% for the period of last 100 days, recording 33,806,078 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CCIV is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Churchill Capital Corp IV (CCIV): Stocks Technical analysis and Trends
Raw Stochastic average of Churchill Capital Corp IV in the period of last 50 days is set at 4.57%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 11.81%. In the last 20 days, the company’s Stochastic %K was 15.35% and its Stochastic %D was recorded 17.45%.
If we look into the earlier routines of Churchill Capital Corp IV, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 129.47%. The shares increased approximately by -3.41% in the 7-day charts and went up by -7.00% in the period of the last 30 days. Common stock shares were driven by 129.01% during last recorded quarter.