Ares Acquisition Corporation II (NYSE:AACT) currently has a daily average trading volume of 885.69K but it saw 1255103 shares traded in last market. With a market cap of 696.54M USD, the company’s current market price of $11.26 came falling about -0.27 while comparing to the previous closing price of $11.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.29 and as low as $10.58.
Taking a look at 20-day trading activity of Ares Acquisition Corporation II (AACT) gives us an average price of $11.23, while its current price level is -0.27% below from 52-week high level whereas it is 6.43% 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 $11.18 while that of 200 days or SMA-200 reads an average of $10.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.21% during that period while stretching the period over a month that increases to 0.26%. 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 59.29 which implies that the stock is in neutral territory.
Over the week, AACT’s stock price is moving -0.09% down while it is 0.81% when we observe its performance for the past one month. Year-to-date it is 2.55% up and over the past year, the stock is showing an upside performance of 6.03%.
Currently, Ares Acquisition Corporation II’s total number of outstanding shares is 50.00M with 0.00% of that held by the insiders while 79.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.87% and return on equity (ROE) at 5.04%. It has a price to earnings ratio (P/E ratio) of 27.08. Stock’s beta reads -0.01. Stock has a price to book (P/B) ratio of 1.33. Its return on asset (ROA) is 4.82% on average.
