Ares Acquisition Corporation II (NYSE:AACT) currently has a daily average trading volume of 377.86K but it saw 1635625 shares traded in last market. With a market cap of 699.38M USD, the company’s current market price of $11.19 came rising about 0.18 while comparing to the previous closing price of $11.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.20 and as low as $10.55. In the recent trading on the day, stock has struck highest price mark of $11.17 while lowest mark touched by it was $11.2.
Taking a look at 20-day trading activity of Ares Acquisition Corporation II (AACT) gives us an average price of $11.11, while its current price level is -0.09% below from 52-week high level whereas it is 6.07% 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 $11.05 while that of 200 days or SMA-200 reads an average of $10.86. 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 0.29%. 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 78.54 which implies that the stock is in overbought territory.
Over the week, AACT’s stock price is moving 0.27% up while it is 1.27% when we observe its performance for the past one month. Year-to-date it is 1.91% up and over the past year, the stock is showing an upside performance of 5.92%.
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 4.87% and return on equity (ROE) at 5.04%. It has a price to earnings ratio (P/E ratio) of 26.91. Stock’s beta reads -0.01. Stock has a price to book (P/B) ratio of 1.32. Its return on asset (ROA) is 4.82% on average.
