Spartan Energy Acquisition Corp. (NYSE:SPAQ) does about 5.72M shares in volume on a normal day but saw 9687996 shares change hands in Monday trading. The company now has a market cap of 737.47M USD. Its current market price is $13.36, marking an increase of 9.06% compared to the previous close of $12.25. The 52 week high reached by this stock is $21.60 whilst the lowest price level in 52 weeks is $9.75. The script in recent trading has seen the stock touch a high of $13.37 and a low of $12.12.
Spartan Energy Acquisition Corp. (SPAQ) has a 20-day trading average at $12.54 and the current price is -38.15% off the 52-week high compared with 37.03% distance from its 52-week low. The 50-day simple moving average of the closing price is $12.36 and its 200-day simple moving average is $10.71. If we look at the stock’s price movements over the week, volatility stands at 4.93%, which increases to 6.12% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 59.43 to suggest the stock is neutral.
The current price level is 6.48%, 8.66%, and 24.98% away from its SMA20, SMA50, and SMA200 respectively, with the SPAQ price moving above the 50-day SMA on August 24. Spartan Energy Acquisition Corp. (SPAQ) stock is up 5.61% over the week and 0.00% over the past month. Its price is 31.39% year-to-date and 34.14% over the past year.
Outstanding shares total 55.20M with insiders holding 0.00% of the shares and institutional holders owning 71.41% of the company’s common stock. The price to earnings ratio (P/E ratio) amounts to 139.17. Price to book ratio is 185.56.
According to a U.S. Securities and Exchange Commission filing, Westchester Capital Merger Fund has added its position in Spartan Energy Acquisition Corp. (SPAQ) to 684,666 shares, mirroring a recent increase by 3.75%. Westchester Capital Merger Fund added 24730.0 shares of Spartan Energy Acquisition Corp. common stock bringing its total worth to about $8.44 million at the end of recent close, SEC documents show. Westchester Capital Merger Fund isn’t the only investment manager who changed stakes and is followed by AQR Diversified Arbitrage Fund, which added 89998.0 shares to end up with 239,998 shares worth $2.96 million.