Gores Metropoulos Inc. [NASDAQ: GMHI] slipped around -0.03 points on Wednesday, while shares priced at $10.30 at the close of the session, down -0.29%. The company report on October 16, 2020 that SHAREHOLDER ALERT: WeissLaw LLP Reminds GMHI, TRNE, and HCAC Shareholders About Its Ongoing Investigations.
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Gores Metropoulos Inc. stock is now 0.98% up from its year-to-date (YTD) trading value. GMHI Stock saw the intraday high of $10.43 and lowest of $10.13 per share. The company’s 52-week high price is 13.70, which means current price is +8.99% above from all time high which was touched on 09/15/20.
Compared to the average trading volume of 1.30M shares, GMHI reached a trading volume of 1474429 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Gores Metropoulos Inc. [GMHI]?
Northland Capital have made an estimate for Gores Metropoulos Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on October 14, 2020.
The Average True Range (ATR) for Gores Metropoulos Inc. is set at 0.44 The Price to Book ratio for the last quarter was 84.43.
How has GMHI stock performed recently?
Gores Metropoulos Inc. [GMHI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.83. With this latest performance, GMHI shares dropped by -13.23% in over the last four-week period, additionally plugging by 2.28% over the last 6 months – not to mention a rise of 5.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GMHI stock in for the last two-week period is set at 34.51, with the RSI for the last a single of trading hit 27.59, and the three-weeks RSI is set at 38.52 for Gores Metropoulos Inc. [GMHI]. The present Moving Average for the last 50 days of trading for this stock 11.27, while it was recorded at 10.42 for the last single week of trading, and 10.63 for the last 200 days.
Gores Metropoulos Inc. [GMHI]: Deeper insight into the fundamentals
Return on Total Capital for GMHI is now -0.42, given the latest momentum, and Return on Invested Capital for the company is 2.77. Return on Equity for this stock inclined to 2.77, with Return on Assets sitting at 2.67.
Reflecting on the efficiency of the workforce at the company, Gores Metropoulos Inc. [GMHI] managed to generate an average of $1,815,059 per employee.
Insider trade positions for Gores Metropoulos Inc. [GMHI]
26 institutional holders increased their position in Gores Metropoulos Inc. [NASDAQ:GMHI] by around 3,738,957 shares. Additionally, 21 investors decreased positions by around 4,300,612 shares, while 18 investors held positions by with 24,522,202 shares. The mentioned changes placed institutional holdings at 32,561,771 shares, according to the latest SEC report filing. GMHI stock had 14 new institutional investments in for a total of 1,444,301 shares, while 6 institutional investors sold positions of 742,140 shares during the same period.