Gores Metropoulos Inc. [NASDAQ: GMHI] price surged by 3.92 percent to reach at $0.4. The company report on November 14, 2020 that SHAREHOLDER ALERT: WeissLaw LLP Reminds MVC, MOBL, GMHI, and EIDX Shareholders About Its Ongoing Investigations.
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A sum of 2713536 shares traded at recent session while its average daily volume was at 1.56M shares. Gores Metropoulos Inc. shares reached a high of $10.74 and dropped to a low of $10.22 until finishing in the latest session at $10.60.
Guru’s Opinion on 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 0.17 The Price to Book ratio for the last quarter was 86.89.
GMHI Stock Performance Analysis:
Gores Metropoulos Inc. [GMHI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.54. With this latest performance, GMHI shares gained by 2.91% in over the last four-week period, additionally plugging by 3.41% over the last 6 months – not to mention a rise of 6.11% 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 58.17, with the RSI for the last a single of trading hit 75.47, and the three-weeks RSI is set at 52.95 for Gores Metropoulos Inc. [GMHI]. The present Moving Average for the last 50 days of trading for this stock 10.85, while it was recorded at 10.27 for the last single week of trading, and 10.63 for the last 200 days.
Insight into Gores Metropoulos Inc. 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.
Gores Metropoulos Inc. [GMHI] Insider Position Details
60 institutional holders increased their position in Gores Metropoulos Inc. [NASDAQ:GMHI] by around 11,206,840 shares. Additionally, 42 investors decreased positions by around 18,666,702 shares, while 3 investors held positions by with 4,860,491 shares. The mentioned changes placed institutional holdings at 25,013,051 shares, according to the latest SEC report filing. GMHI stock had 48 new institutional investments in for a total of 7,206,454 shares, while 18 institutional investors sold positions of 10,338,211 shares during the same period.