Andretti Acquisition Corp. II (NASDAQ: POLE) Increases 0.05% Over A Month, But Analysts Still See Upside Potential

Andretti Acquisition Corp. II (NASDAQ:POLE) currently has a daily average trading volume of 143.28K but it saw 1488469 shares traded in last market. With a market cap of 294.80M USD, the company’s current market price of $9.99 came rising about 0.10 while comparing to the previous closing price of $9.98. 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 $9.975 while lowest mark touched by it was $9.99.

Taking a look at 20-day trading activity of Andretti Acquisition Corp. II (POLE) gives us an average price of $9.97, while its current price level is -10.48% below from 52-week high level whereas it is 0.51% 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 0.08% during that period while stretching the period over a month that increases to 0.17%. 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 62.02 which implies that the stock is in neutral territory.

Over the week, POLE’s stock price is moving 0.20% up while it is 0.05% when we observe its performance for the past one month. Year-to-date it is 0.40% up and over the past year.

Currently, Andretti Acquisition Corp. II’s total number of outstanding shares is 23.76M. Stock has a price to book (P/B) ratio of 1.32.