The Week Ahead: Are Investors Really Too Optimistic About Centurion Acquisition Corp (NASDAQ: ALF)

Centurion Acquisition Corp (NASDAQ:ALF) currently has a daily average trading volume of 86.70K but it saw 1016058 shares traded in last market. With a market cap of 374.49M USD, the company’s current market price of $10.42 came rising about 0.77 while comparing to the previous closing price of $10.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.39 and as low as $9.96.

Taking a look at 20-day trading activity of Centurion Acquisition Corp (ALF) gives us an average price of $10.31, while its current price level is 0.29% below from 52-week high level whereas it is 4.62% 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 $10.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.20% during that period while stretching the period over a month that decreases to 0.16%. 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 70.56 which implies that the stock is in overbought territory.

Over the week, ALF’s stock price is moving 0.39% up while it is 1.76% when we observe its performance for the past one month. Year-to-date it is 3.17% up and over the past year.

Currently, Centurion Acquisition Corp’s total number of outstanding shares is 28.75M with 0.00% of that held by the insiders while 95.37% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.77%. It has a price to earnings ratio (P/E ratio) of 47.82. Stock has a price to book (P/B) ratio of 1.32.