EQV Ventures Acquisition Corp (NYSE: EQV) Recovers 3.64% From 52-Week Low, Is EQV Still A High-Risk, High-Reward Play?

EQV Ventures Acquisition Corp (NYSE:EQV) currently has a daily average trading volume of 79.97K but it saw 555501 shares traded in last market. With a market cap of 456.40M USD, the company’s current market price of $10.24 came rising about 0.29 while comparing to the previous closing price of $10.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.25 and as low as $9.88.

Taking a look at 20-day trading activity of EQV Ventures Acquisition Corp (EQV) gives us an average price of $10.15, while its current price level is -0.10% below from 52-week high level whereas it is 3.64% 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 $10.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.37% during that period while stretching the period over a month that increases to 0.37%. 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 75.02 which implies that the stock is in overbought territory.

Over the week, EQV’s stock price is moving 0.39% up while it is 1.69% when we observe its performance for the past one month. Year-to-date it is 2.61% up and over the past year.

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.

Currently, EQV Ventures Acquisition Corp’s total number of outstanding shares is 35.82M with 1.56% of that held by the insiders while 77.83% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 1.33.