Ares Acquisition Corporation II (NYSE:AACT) currently has a daily average trading volume of 106.52K but it saw 4889651 shares traded in last market. With a market cap of 693.44M USD, the company’s current market price of $11.10 came rising about 0.14 while comparing to the previous closing price of $11.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.12 and as low as $10.53.
Taking a look at 20-day trading activity of Ares Acquisition Corporation II (AACT) gives us an average price of $11.05, while its current price level is -0.22% below from 52-week high level whereas it is 5.37% 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 $11.01 while that of 200 days or SMA-200 reads an average of $10.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.34% during that period while stretching the period over a month that decreases to 0.21%. 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 73.10 which implies that the stock is in overbought territory.
Over the week, AACT’s stock price is moving 0.32% up while it is 0.68% when we observe its performance for the past one month. Year-to-date it is 1.05% up and over the past year, the stock is showing an upside performance of 5.37%.
The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Ares Acquisition Corporation II’s total number of outstanding shares is 50.00M with 0.00% of that held by the insiders while 99.33% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.10% and return on equity (ROE) at 5.28%. It has a price to earnings ratio (P/E ratio) of 25.78. Stock’s beta reads 0.00. Stock has a price to book (P/B) ratio of 1.33. Its return on asset (ROA) is 5.05% on average.
