Cohen Circle Acquisition Corp. I (CCIR) Down -4.09% From Its 52-Week High, But Growth Potential Is Changing Over Time

Cohen Circle Acquisition Corp. I (NASDAQ:CCIR) currently has a daily average trading volume of 286.71K but it saw 2510686 shares traded in last market. With a market cap of 348.14M USD, the company’s current market price of $11.01 came rising about 0.09 while comparing to the previous closing price of $11.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.48 and as low as $9.92. In the recent trading on the day, stock has struck highest price mark of $10.99 while lowest mark touched by it was $11.19.

Taking a look at 20-day trading activity of Cohen Circle Acquisition Corp. I (CCIR) gives us an average price of $10.45, while its current price level is -4.09% below from 52-week high level whereas it is 10.99% 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 3.22% during that period while stretching the period over a month that decreases to 1.68%. 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 84.94 which implies that the stock is in overbought territory.

Over the week, CCIR’s stock price is moving 6.48% up while it is 9.33% when we observe its performance for the past one month. Year-to-date it is 9.99% up and over the past year.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.