GP-Act III Acquisition Corp (GPAT) At $10.44 Offering A Unique Opportunity

GP-Act III Acquisition Corp (NASDAQ:GPAT) currently has a daily average trading volume of 96.94K but it saw 852297 shares traded in last market. With a market cap of 375.16M USD, the company’s current market price of $10.44 came rising about 0.38 while comparing to the previous closing price of $10.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.43 and as low as $9.98.

Taking a look at 20-day trading activity of GP-Act III Acquisition Corp (GPAT) gives us an average price of $10.35, while its current price level is 0.09% below from 52-week high level whereas it is 4.60% 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 $10.31. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.22% during that period while stretching the period over a month that decreases to 0.20%. 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 68.79 which implies that the stock is in neutral territory.

Over the week, GPAT’s stock price is moving 0.76% up while it is 1.35% when we observe its performance for the past one month. Year-to-date it is 2.95% up and over the past year.

Currently, GP-Act III Acquisition Corp’s total number of outstanding shares is 28.75M with 0.00% of that held by the insiders while 95.70% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.07%. It has a price to earnings ratio (P/E ratio) of 43.32. Stock has a price to book (P/B) ratio of 1.33.