Look Past The Setbacks And Give Colombier Acquisition Corp. II (NYSE: CLBR) Another Chance

Colombier Acquisition Corp. II (NYSE:CLBR) currently has a daily average trading volume of 533.20K but it saw 1318449 shares traded in last market. With a market cap of 256.91M USD, the company’s current market price of $12.09 came falling about -1.63 while comparing to the previous closing price of $12.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.49 and as low as $10.15. In the recent trading on the day, stock has struck highest price mark of $11.91 while lowest mark touched by it was $12.88.

Taking a look at 20-day trading activity of Colombier Acquisition Corp. II (CLBR) gives us an average price of $11.17, while its current price level is -10.38% below from 52-week high level whereas it is 19.11% 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 $10.87 while that of 200 days or SMA-200 reads an average of $10.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.04% during that period while stretching the period over a month that decreases to 3.49%. 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 62.58 which implies that the stock is in neutral territory.

Over the week, CLBR’s stock price is moving 5.13% up while it is 10.92% when we observe its performance for the past one month. Year-to-date it is 2.89% up and over the past year, the stock is showing an upside performance of 16.70%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Company’s return on investment (ROI) stands at 3.34% and return on equity (ROE) at 3.40%. It has a price to earnings ratio (P/E ratio) of 44.61. Stock’s beta reads -0.34. Stock has a price to book (P/B) ratio of 1.49. Its return on asset (ROA) is 3.28% on average.