Let’s start up with the current stock price of Social Capital Hedosophia Holdings Corp. VI (IPOF), which is $10.07 to be very precise. The Stock rose vividly during the last session to $10.17 after opening rate of $10.10 while the lowest price it went was recorded $10.09 before closing at $10.09.Recently in News on May 28, 2021, Social Capital Hedosophia Holdings Corp. VI Receives Expected Notice from the NYSE Regarding Delayed Filing of Quarterly Report. On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the U.S. Securities and Exchange Commission (the “SEC”) together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (‘SPACs’)” (the “SEC Staff Statement”). As previously disclosed, given the scope of the process for determining the appropriate accounting treatment of its outstanding warrants in accordance with the SEC Staff Statement and Accounting Standards Codification (“ASC”) 815-40, Derivatives and Hedging: Contracts in an Entities Own Equity, Social Capital Hedosophia Holdings Corp. VI (“the Company”) was unable to complete and file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021 (the “Form 10-Q”) by the required due date without unreasonable effort and expense. You can read further details here
Social Capital Hedosophia Holdings Corp. VI had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $10.71 on 04/19/22, with the lowest value was $9.80 for the same time period, recorded on 01/28/22.
Social Capital Hedosophia Holdings Corp. VI (IPOF) full year performance was 1.20%
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, Social Capital Hedosophia Holdings Corp. VI shares are logging -8.35% during the 52-week period from high price, and 3.09% 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 $9.77 and $10.99.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1619323 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 Social Capital Hedosophia Holdings Corp. VI (IPOF) recorded performance in the market was -0.98%, having the revenues showcasing 1.61% 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 1.46B.
Specialists analysis on Social Capital Hedosophia Holdings Corp. VI (IPOF)
During the last month, 0 analysts gave the Social Capital Hedosophia Holdings Corp. VI 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 10.15, with a change in the price was noted -0.13. In a similar fashion, Social Capital Hedosophia Holdings Corp. VI posted a movement of -1.23% for the period of last 100 days, recording 2,518,547 in trading volumes.
Trends and Technical analysis: Social Capital Hedosophia Holdings Corp. VI (IPOF)
Raw Stochastic average of Social Capital Hedosophia Holdings Corp. VI in the period of last 50 days is set at 13.01%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 5.22%. In the last 20 days, the company’s Stochastic %K was 3.75% and its Stochastic %D was recorded 3.79%.
Now, considering the stocks previous presentation, 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 -0.98%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -5.26%, alongside a boost of 1.20% for the period of the last 12 months. The shares increased approximately by -1.66% in the 7-day charts and went up by -3.35% in the period of the last 30 days. Common stock shares were driven by 1.61% during last recorded quarter.