The market performance of AltC Acquisition Corp’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $13.70 on 04/08/24, while the lowest value for the same duration was $10.10 on 04/14/23.
52-week price history of ALCC Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. AltC Acquisition Corp’s current trading price is 14.09% away from its 52-week high, while its distance from the 52-week low is 54.75%. The stock’s price range during the 52-week period has remained between $10.10 and $13.70. In the Financial sector, the company’s shares saw a trading volume of around 2.71 million for the day, which was evidently higher than the average daily volume of 0.29 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
AltC Acquisition Corp (ALCC) has experienced a quarterly rise of 46.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 673.65M and boasts a workforce of 2 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.79, with a change in price of +5.20. Similarly, AltC Acquisition Corp recorded 280,915 in trading volume during the last 100 days, posting a change of +50.49%.
Examining ALCC’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ALCC stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ALCC Stock Stochastic Average
AltC Acquisition Corp’s raw stochastic average for the past 50 days is presently 90.88%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 90.65%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 81.64% and 83.53%, respectively.
ALCC Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 48.01%. However, over the past six months, we’ve seen a weaker performance of 51.45%. The price of ALCC fallen by 45.53% over the last 30 days. And in the last five days, it has surged by 28.33%.
