For the readers interested in the stock health of Seven Oaks Acquisition Corp. (SVOK). It is currently valued at $10.00. When the transactions were called off in the previous session, Stock hit the highs of $10.01, after setting-off with the price of $9.99. Company’s stock value dipped to $9.97 during the trading on the day. When the trading was stopped its value was $9.98.Recently in News on November 29, 2021, Boxed and Seven Oaks Announce Up to $100 Million Forward-Purchase Agreement in Connection with Proposed Business Combination. Boxed (“Boxed” or the “Company”), an e-commerce grocery platform which sells bulk consumables and licenses its e-commerce software to enterprise retailers, and Seven Oaks Acquisition Corp. (“Seven Oaks” or “SVOK”) (Nasdaq: SVOK, SVOKU, SVOKW), a publicly-traded special purpose acquisition company, today provided updates related to their proposed business combination. 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, Seven Oaks Acquisition Corp. shares are logging -8.76% during the 52-week period from high price, and 4.61% 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 $9.56 and $10.96.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 6375899 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 Seven Oaks Acquisition Corp. (SVOK) recorded performance in the market was -2.63%, having the revenues showcasing 1.11% 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 323.40M.
Market experts do have their say about Seven Oaks Acquisition Corp. (SVOK)
During the last month, 0 analysts gave the Seven Oaks 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.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 9.91, with a change in the price was noted +0.14. In a similar fashion, Seven Oaks Acquisition Corp. posted a movement of +1.42% for the period of last 100 days, recording 152,873 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 SVOK 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 Seven Oaks Acquisition Corp. (SVOK)
Raw Stochastic average of Seven Oaks Acquisition Corp. in the period of last 50 days is set at 92.31%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 86.84%. In the last 20 days, the company’s Stochastic %K was 83.71% and its Stochastic %D was recorded 82.66%.
Bearing in mind the latest performance of Seven Oaks Acquisition Corp., 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 -2.63%. The shares increased approximately by 0.30% in the 7-day charts and went up by 0.30% in the period of the last 30 days. Common stock shares were driven by 1.11% during last recorded quarter.