Collier Creek Holdings (NYSE:CCH) currently has a daily average trading volume of 1.10M but it saw 2015527 shares traded on Thursday. With a market cap of 686.84M USD, the company’s enterprise value now stands nearly at $882.51M. Stock’s current market price of $15.61 came falling about -1.20 while comparing to the previous closing price of $15.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.32 and as low as $9.84. In the recent trading on the day, stock has struck highest price mark of $17.00 while lowest mark touched by it was $14.57.
Taking a look at 20-day trading activity of Collier Creek Holdings (CCH) gives us an average price of $14.03, while its current price level is -4.33% below from 52-week high level whereas it is 58.64% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.86 while that of 200 days or SMA-200 reads an average of $11.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.69% during that period while stretching the period over a month that decreases to 4.16%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 75.41 which implies that the stock is in overbought territory.
Data by FactSet Research shows that 0 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 0 analysts suggested the investors to Buy the stock while 0 advised them to Hold.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the DA Davidson which initiated the stock as “Buy” in its note to investors issued on July 02, 2020, recommending a price target of $17 for it.
Over the week, CCH’s stock price is moving 12.30% up while it is 13.61% when we observe its performance for the past one month. Year-to-date it is 51.85% up and over the past year, the stock is showing an upside performance of 55.32%.
Currently, Collier Creek Holdings’s total number of outstanding shares is 44.00M with 0.00% of that held by the insiders while 65.16% of its common stock has been owned by the institutions. It has a price to earnings ratio (P/E ratio) of 278.75. Stock has a price to book (P/B) ratio of 175.39.