Alternus Clean Energy Inc (NASDAQ:ALCE) currently has a daily average trading volume of 138.83K but it saw 894623 shares traded in last market. With a market cap of 9.15M USD, the company’s current market price of $2.63 came rising about 10.50 while comparing to the previous closing price of $2.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $272.25 and as low as $2.14. In the recent trading on the day, stock has struck highest price mark of $2.4201 while lowest mark touched by it was $3.0899.
Taking a look at 20-day trading activity of Alternus Clean Energy Inc (ALCE) gives us an average price of $3.47, while its current price level is -99.03% below from 52-week high level whereas it is 22.89% 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 $4.63 while that of 200 days or SMA-200 reads an average of $10.89. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.22% during that period while stretching the period over a month that decreases to 20.56%. 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 31.64 which implies that the stock is in neutral territory.
Over the week, ALCE’s stock price is moving 21.34% up while it is -41.94% when we observe its performance for the past one month. Year-to-date it is -92.99% down and over the past year, the stock is showing a downside performance of -99.00%.
Currently, Alternus Clean Energy Inc’s total number of outstanding shares is 2.88M. Company’s return on equity (ROE) at 2.72%. It has a price to earnings ratio (P/E ratio) of 0.92. Stock’s beta reads -0.66. Its return on asset (ROA) is 2.59% on average.
