Here is why Enfusion Inc. (ENFN) stock volatility recorded over the last month was 5.72% – Invest Chronicle

Here is why Enfusion Inc. (ENFN) stock volatility recorded over the last month was 5.72%

Let’s start up with the current stock price of Enfusion Inc. (ENFN), which is $17.80 to be very precise. The Stock rose vividly during the last session to $20.00 after opening rate of $19.79 while the lowest price it went was recorded $17.37 before closing at $19.93.Recently in News on October 25, 2021, Enfusion Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares. Enfusion, Inc. (“Enfusion”), a leading provider of cloud-based investment management software and services, today announced the closing of its initial public offering of 21,562,500 shares of Class A common stock, including the exercise in full of the underwriters’ option to purchase up to an additional 2,812,500 shares, at a price of $17.00 per share. The offering comprised the sale of 16,839,107 shares of Class A common stock offered by Enfusion and 4,723,393 shares of Class A common stock sold by certain of Enfusion’s stockholders. The shares began trading on the New York Stock Exchange on October 21, 2021 under the ticker symbol “ENFN”. 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, Enfusion Inc. shares are logging -23.31% during the 52-week period from high price, and -6.56% 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 $19.05 and $23.21.


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The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 887623 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 Enfusion Inc. (ENFN) recorded performance in the market was -10.15%. At the time of this writing, the total market value of the company is set at 1.13B, as it employees total of 639 workers.

Market experts do have their say about Enfusion Inc. (ENFN)

During the last month, 0 analysts gave the Enfusion Inc. 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.

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Technical breakdown of Enfusion Inc. (ENFN)

In the last 20 days, the company’s Stochastic %K was 24.32% and its Stochastic %D was recorded 40.16%.

Bearing in mind the latest performance of Enfusion Inc., several 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 -10.15%. The shares increased approximately by -21.13% in the 7-day charts and went down by -17.63% in the period of the last 30 days.

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