The latest trade, Performances and Moving Averages give us the following Picture
The share price of Churchill Capital Corp VII (NYSE:CVII) dipped 0.00% to close Tuesday’s market session at $10.04, lower as compared to yesterday’s close. The stock price fluctuated between $10.04 and $10.05 throughout the trading session with the volume trading being 1058120 shares, which represented a significant variation when compared to the three months average volume of 639.20K shares. The firm’s stock price fluctuated 0.20% within the last five trades and 1.11% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 2.45% in the last 6 months and 1.21% was added to its value over the previous 3 months. CVII stock is trading at a margin of 0.39%, 0.67% and 1.91% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, CVII deals in the Financial domain. The stock is trading -0.07 percent below its 52-week high and 3.72 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 3.64. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Churchill Capital Corp VII’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $1.73 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Churchill Capital Corp VII (NYSE:CVII) is 33.25. The firm managed a Price-to-Book ratio of 1.30, which equates the market value of a stock with its book value.