Iron Horse Acquisitions Corp (NASDAQ:IROH) does about 37.53K shares in volume on a normal day but saw 5545983 shares change hands in the recent trading day. The company now has a market cap of 89.32M USD. Its current market price is $10.07, marking an increase of 68.68% compared to the previous close of $5.97. The 52 week high reached by this stock is $14.71 whilst the lowest price level in 52 weeks is $5.70.
Iron Horse Acquisitions Corp (IROH) has a 20-day trading average at $10.03 and the current price is -31.54% off the 52-week high compared with 76.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $10.32 and its 200-day simple moving average is $10.28. If we look at the stock’s price movements over the week, volatility stands at 43.12%, which decreases to 23.99% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.84 to suggest the stock is neutral.
The current price level is 0.38%, -2.41%, and -2.06% away from its SMA20, SMA50, and SMA200 respectively, with the IROH price moving above the 50-day SMA on current market day. Iron Horse Acquisitions Corp (IROH) stock is down -2.47% over the week and -4.00% over the past month. Its price is 0.90% year-to-date and -2.14% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 8.87M with insiders holding 23.30% of the shares and institutional holders owning 73.86% of the company’s common stock. The company has a return on investment of 1.46% and return on equity of 1.47%. The price to earnings ratio (P/E ratio) amounts to 90.56. The beta has a value of 0.13. Price to book ratio is 1.32.
