Oaktree Acquisition Corp. III Life Sciences (NASDAQ:OACC) currently has a daily average trading volume of 106.64K but it saw 1070582 shares traded in last market. With a market cap of 250.96M USD, the company’s current market price of $10.21 came rising about 1.09 while comparing to the previous closing price of $10.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.85 and as low as $9.95. In the recent trading on the day, stock has struck highest price mark of $10.1 while lowest mark touched by it was $10.35.
Taking a look at 20-day trading activity of Oaktree Acquisition Corp. III Life Sciences (OACC) gives us an average price of $10.15, while its current price level is -5.90% below from 52-week high level whereas it is 2.61% 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 $10.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.03% during that period while stretching the period over a month that increases to 1.18%. 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 60.71 which implies that the stock is in neutral territory.
Over the week, OACC’s stock price is moving 0.69% up while it is 0.99% when we observe its performance for the past one month. Year-to-date it is 2.51% up and over the past year.
The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Oaktree Acquisition Corp. III Life Sciences’s total number of outstanding shares is 19.78M with 0.00% of that held by the insiders while 43.21% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 1.34.
