Plum Acquisition Corp. IV (NASDAQ: PLMK): Retirees Don’t Worry About Volatility

Plum Acquisition Corp. IV (NASDAQ:PLMK) currently has a daily average trading volume of 171.46K but it saw 1174535 shares traded in last market. With a market cap of 245.31M USD, the company’s current market price of $10.12 remained unchanged while comparing to the previous closing price of $10.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.13 and as low as $9.94. In the recent trading on the day, stock has struck highest price mark of $10.1 while lowest mark touched by it was $10.15.

Taking a look at 20-day trading activity of Plum Acquisition Corp. IV (PLMK) gives us an average price of $10.08, while its current price level is -0.10% below from 52-week high level whereas it is 1.81% 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 $10.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.19% during that period while stretching the period over a month that decreases to 0.18%. 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 67.58 which implies that the stock is in neutral territory.

Over the week, PLMK’s stock price is moving 0.30% up while it is 0.80% when we observe its performance for the past one month. Year-to-date it is 1.51% up and over the past year.

Currently, Plum Acquisition Corp. IV’s total number of outstanding shares is 18.49M with 5.46% of that held by the insiders while 0.00% of its common stock has been owned by the institutions.