A Few Bright Spots In Keen Vision Acquisition Corp (NASDAQ: KVAC)

Keen Vision Acquisition Corp (NASDAQ:KVAC) currently has a daily average trading volume of 89.90K but it saw 1703305 shares traded in last market. With a market cap of 207.45M USD, the company’s current market price of $10.71 came rising about 0.19 while comparing to the previous closing price of $10.69. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.98 and as low as $10.14. In the recent trading on the day, stock has struck highest price mark of $10.7 while lowest mark touched by it was $10.72.

Taking a look at 20-day trading activity of Keen Vision Acquisition Corp (KVAC) gives us an average price of $10.68, while its current price level is -2.50% below from 52-week high level whereas it is 5.62% 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 $10.63 while that of 200 days or SMA-200 reads an average of $10.44. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.12% during that period while stretching the period over a month that decreases to 0.09%. 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 67.09 which implies that the stock is in neutral territory.

Over the week, KVAC’s stock price is moving 0.28% up while it is 0.28% when we observe its performance for the past one month. Year-to-date it is 3.64% up and over the past year.

Currently, Keen Vision Acquisition Corp’s total number of outstanding shares is 19.37M. Company’s return on investment (ROI) stands at 4.16% and return on equity (ROE) at 8.32%. It has a price to earnings ratio (P/E ratio) of 31.90. Stock’s beta reads -0.01. Stock has a price to book (P/B) ratio of 1.33. Its return on asset (ROA) is 8.15% on average.