Are Analysts Too Bullish On Andretti Acquisition Corp. II (POLE)

Andretti Acquisition Corp. II (NASDAQ:POLE) currently has a daily average trading volume of 178.09K but it saw 238457 shares traded in last market. With a market cap of 294.36M USD, the company’s current market price of $9.98 came rising about 0.15 while comparing to the previous closing price of $9.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.16 and as low as $9.94. In the recent trading on the day, stock has struck highest price mark of $9.965 while lowest mark touched by it was $9.9851.

Taking a look at 20-day trading activity of Andretti Acquisition Corp. II (POLE) gives us an average price of $9.96, while its current price level is -10.62% below from 52-week high level whereas it is 0.36% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.20% during that period while stretching the period over a month that increases to 2.35%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement.

Over the week, POLE’s stock price is moving 0.15% up while it is 0.25% when we observe its performance for the past one month. Year-to-date it is 0.25% up and over the past year.

Currently, Andretti Acquisition Corp. II’s total number of outstanding shares is 29.51M. Stock has a price to book (P/B) ratio of 1.32.