Netfin Acquisition Corp. (NASDAQ:NFIN) currently has a daily average trading volume of 579.55K but it saw 2385893 shares traded on Thursday. With a market cap of 347.00M USD. Stock’s current market price of $10.70 came rising about 3.58 while comparing to the previous closing price of $10.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.39 and as low as $8.70. In the recent trading on the day, stock has struck highest price mark of $10.79 while lowest mark touched by it was $10.30.
Taking a look at 20-day trading activity of Netfin Acquisition Corp. (NFIN) gives us an average price of $10.28, while its current price level is -6.06% below from 52-week high level whereas it is 22.99% 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 $10.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.00% during that period while stretching the period over a month that decreases to 1.33%. 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 65.95 which implies that the stock is in neutral 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.
Over the week, NFIN’s stock price is moving 4.90% up while it is 3.78% when we observe its performance for the past one month. Year-to-date it is 7.54% up and over the past year.
Currently, Netfin Acquisition Corp.’s total number of outstanding shares is 32.31M with 2.62% of that held by the insiders while 57.69% of its common stock has been owned by the institutions. Company’s return on equity (ROE) at 1.00%. It has a price to earnings ratio (P/E ratio) of 133.75. Stock has a price to book (P/B) ratio of 1.40. Its return on asset (ROA) is 1.00% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Blackstone Alternative Multi Stra came shrinking its share ownership by -100.00% in the Netfin Acquisition Corp. (NFIN) decreasing its stake to 0.00% with control over -0.5 million shares in the company.