Cohen Circle Acquisition Corp. I (NASDAQ: CCIR): Retirees Don’t Worry About Volatility

Cohen Circle Acquisition Corp. I (NASDAQ:CCIR) currently has a daily average trading volume of 441.15K but it saw 1121035 shares traded in last market. With a market cap of 360.47M USD, the company’s current market price of $11.40 remained unchanged while comparing to the previous closing price of $11.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.78 and as low as $9.92.

Taking a look at 20-day trading activity of Cohen Circle Acquisition Corp. I (CCIR) gives us an average price of $10.93, while its current price level is -3.23% below from 52-week high level whereas it is 14.92% 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 $10.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.35% during that period while stretching the period over a month that decreases to 2.31%. 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 73.20 which implies that the stock is in overbought territory.

Over the week, CCIR’s stock price is moving 3.35% up while it is 10.52% when we observe its performance for the past one month. Year-to-date it is 13.89% 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.

Currently, Cohen Circle Acquisition Corp. I’s total number of outstanding shares is 23.71M with 1.88% of that held by the insiders while 64.35% of its common stock has been owned by the institutions.