Alternus Clean Energy Inc (NASDAQ:ALCE) currently has a daily average trading volume of 1.22M but it saw 1016698 shares traded in last market. With a market cap of 1.83M USD, the company’s current market price of $0.41 came falling about -15.85 while comparing to the previous closing price of $0.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.75 and as low as $0.48. In the recent trading on the day, stock has struck highest price mark of $0.3638 while lowest mark touched by it was $0.4869.
Taking a look at 20-day trading activity of Alternus Clean Energy Inc (ALCE) gives us an average price of $0.7148, while its current price level is -98.47% below from 52-week high level whereas it is -15.42% 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 $1.0700 while that of 200 days or SMA-200 reads an average of $5.4273. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.48% during that period while stretching the period over a month that increases to 19.42%. 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 26.05 which implies that the stock is in oversold territory.
Over the week, ALCE’s stock price is moving -21.97% down while it is -48.89% when we observe its performance for the past one month. Year-to-date it is -47.96% down and over the past year, the stock is showing a downside performance of -98.41%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Alternus Clean Energy Inc’s total number of outstanding shares is 3.49M with 2.03% of that held by the insiders while 18.75% of its common stock has been owned by the institutions. Stock’s beta reads -0.67.
