Let’s start up with the current stock price of Altimeter Growth Corp. (AGC), which is $13.14 to be very precise. The Stock rose vividly during the last session to $14.45 after opening rate of $14.44 while the lowest price it went was recorded $13.80 before closing at $13.95.
Recently in News on April 13, 2021, Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia1, Plans to Go Public in Partnership with Altimeter. Expected to be the Largest-Ever U.S. Equity Offering by a Southeast Asian Company. 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, Altimeter Growth Corp. shares are logging -27.44% during the 52-week period from high price, and 21.78% 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 $10.79 and $18.11.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 7479743 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Altimeter Growth Corp. (AGC) recorded performance in the market was 8.48%, having the revenues showcasing 0.98% 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 894.06M.
Market experts do have their say about Altimeter Growth Corp. (AGC)
During the last month, 0 analysts gave the Altimeter Growth Corp. 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.
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 AGC is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Altimeter Growth Corp. (AGC)
Raw Stochastic average of Altimeter Growth Corp. in the period of last 50 days is set at 49.47%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 58.40%. In the last 20 days, the company’s Stochastic %K was 70.85% and its Stochastic %D was recorded 69.31%.
Bearing in mind the latest performance of Altimeter Growth Corp., several 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 8.48%. The shares increased approximately by 14.63% in the 7-day charts and went up by -4.78% in the period of the last 30 days. Common stock shares were driven by 0.98% during last recorded quarter.