Let’s start up with the current stock price of Montes Archimedes Acquisition Corp. (MAAC), which is $9.99 to be very precise. The Stock rose vividly during the last session to $9.90 after opening rate of $9.85 while the lowest price it went was recorded $9.84 before closing at $9.86.
Recently in News on May 3, 2021, Roivant Sciences and Montes Archimedes Acquisition Corp. (MAAC) to Combine and Create Publicly Traded Leader in Biopharma and Health Technology. – Transaction includes $411 million in trust at MAAC and a concurrent, fully committed $200 million PIPE financing from leading healthcare investors including Fidelity Management & Research Company LLC, Eventide Asset Management, Suvretta Capital, RTW Investments, LP, Viking Global Investors, and SB Management, a subsidiary of SoftBank Group Corp., as well as strategic investors including Sumitomo Dainippon Pharma and Palantir Technologies. 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, Montes Archimedes Acquisition Corp. shares are logging -8.10% during the 52-week period from high price, and 3.95% 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 $9.61 and $10.87.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 3362892 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 Montes Archimedes Acquisition Corp. (MAAC) recorded performance in the market was -3.05%, having the revenues showcasing -4.46% 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 504.24M.
Analysts verdict on Montes Archimedes Acquisition Corp. (MAAC)
During the last month, 0 analysts gave the Montes Archimedes Acquisition 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 MAAC is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Montes Archimedes Acquisition Corp. (MAAC): Technical Analysis
Raw Stochastic average of Montes Archimedes Acquisition Corp. in the period of last 50 days is set at 34.40%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 91.94%. In the last 20 days, the company’s Stochastic %K was 67.98% and its Stochastic %D was recorded 55.99%.
Let’s take a glance in the erstwhile performances of Montes Archimedes Acquisition Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -3.05%. The shares increased approximately by -0.10% in the 7-day charts and went down by 0.82% in the period of the last 30 days. Common stock shares were lifted by -4.46% during last recorded quarter.