Alternus Clean Energy Inc (NASDAQ:ALCE) does about 221.13K shares in volume on a normal day but saw 11252983 shares change hands in the recent trading day. The company now has a market cap of 5.27M USD. Its current market price is $1.51, marking a decrease of -4.43% compared to the previous close of $1.58. The 52 week high reached by this stock is $272.25 whilst the lowest price level in 52 weeks is $1.55.
Alternus Clean Energy Inc (ALCE) has a 20-day trading average at $2.1825 and the current price is -99.45% off the 52-week high compared with -2.58% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.0662 and its 200-day simple moving average is $7.9036. If we look at the stock’s price movements over the week, volatility stands at 19.67%, which decreases to 15.12% 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 22.02 to suggest the stock is oversold.
The current price level is -30.81%, -50.75%, and -80.89% away from its SMA20, SMA50, and SMA200 respectively, with the ALCE price moving above the 50-day SMA on current market day. Alternus Clean Energy Inc (ALCE) stock is down -15.64% over the week and -42.15% over the past month. Its price is -95.97% year-to-date and -99.43% over the past year.
Outstanding shares total 2.88M with insiders holding 2.03% of the shares and institutional holders owning 18.75% of the company’s common stock. The company has a return on equity of 2.72%. The price to earnings ratio (P/E ratio) amounts to 0.43. The beta has a value of -0.61.
