Hennessy Capital Acquisition Corp. III (HCAC) STOCK PRICE MOVEMENT:
Hennessy Capital Acquisition Corp. III (HCAC) received positive focus in Friday trading session. The stock has performed 2.09% and it registered share value at $10.26 in recent trade transaction. At present, the stock price sited at -6.73% from the 52 week high and situated at 14.38% from 52 week low. 265888 shares traded on hands while it’s an average volume stands with 280.77K shares.
VOLATILITY FACTOR: The stock remained 0.61% volatile in recent week and indicated 0.44% volatility in last month. ATR value of 0.07 measure stock volatility. The Average True Range is an exponential moving average (14-days) of the True Ranges.
MARKET CAPITALIZATION AND VALAATION INDICATORS:
Hennessy Capital Acquisition Corp. III (HCAC) is USA based company. Currently it has a market worth of $79.95M. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. P/B ratio is 15.98. P/B is used to compare a stock’s market value to its book value.
Hennessy Capital Acquisition Corp. III (HCAC) has year to date performance of 4.69% and weekly performance of 1.38%. The stock has been moved at 4.06% over the last six months. The stock has performed 1.38% around last thirty days, and changed 2.29% over the last three months.
The Relative Strength Index (RSI) was developed by J. Welles Wilder, and it reading fluctuates between 0 and 100. The RSI is a momentum oscillator that measures the speed and change of stock price movements. Generally, the when RSI falls below 30 then stock considered to be oversold and overbought when it moves above 70. The normal reading of a stock will fall in the range of 30 to 70. RSI can be used to detect general trends as well as finding divergences and failure swings. Now HCAC has RSI reading of 60.58.
Category – Market Movers
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