Foley Trasimene Acquisition Corp. [NYSE: WPF] surged by $0.02 during the normal trading session on Wednesday and reaching a high of $10.02 during the day while it closed the day at $10.02. The company report on February 9, 2021 that NOTICE – IMPORTANT SHAREHOLDER INVESTIGATION UPDATE: Brodsky & Smith, LLC Reminds Investors of Investigations Related to the Following Companies: Andina Acquisition Corp. III (NASDAQ:ANDA), Tuscan Holdings Corp. (NASDAQ:THCB), Foley Trasimene Acquisition Corp. (NYSE:WPF).
Brodsky & Smith, LLC reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions. If you own shares of any of the below-referenced stocks and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or calling toll free 855-576-4847. There is no cost or financial obligation to you.
Andina Acquisition Corp. III (NASDAQ:ANDA).
Foley Trasimene Acquisition Corp. stock has also gained 0.70% of its value over the past 7 days. However, WPF stock has declined by -8.41% in the 3 months of the year. Over the past six months meanwhile, it has lost 0.00% and lost -10.38% year-on date.
The market cap for WPF stock reached $1.29 billion, with 129.38 million shares outstanding and 103.50 million shares in the current float. Compared to the average trading volume of 2.18M shares, WPF reached a trading volume of 3419583 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Foley Trasimene Acquisition Corp. [WPF]:
DA Davidson have made an estimate for Foley Trasimene Acquisition Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 27, 2021.
The Average True Range (ATR) for Foley Trasimene Acquisition Corp. is set at 0.11 The Price to Book ratio for the last quarter was 1.30, with the Price to Cash per share for the same quarter was set at 0.00.
WPF stock trade performance evaluation
Foley Trasimene Acquisition Corp. [WPF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.70. With this latest performance, WPF shares dropped by -1.28% in over the last four-week period, additionally sinking by 0.00% over the last 6 months.
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 WPF stock in for the last two-week period is set at 45.08, with the RSI for the last a single of trading hit 48.61, and the three-weeks RSI is set at 44.18 for Foley Trasimene Acquisition Corp. [WPF]. The present Moving Average for the last 50 days of trading for this stock 10.22, while it was recorded at 10.00 for the last single week of trading.
Foley Trasimene Acquisition Corp. [WPF]: An insightful look at the core fundamentals
Reflecting on the efficiency of the workforce at the company, Foley Trasimene Acquisition Corp. [WPF] managed to generate an average of -$639,135 per employee.Foley Trasimene Acquisition Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.20.
Foley Trasimene Acquisition Corp. [WPF]: Insider Ownership positions
55 institutional holders increased their position in Foley Trasimene Acquisition Corp. [NYSE:WPF] by around 24,974,446 shares. Additionally, 38 investors decreased positions by around 14,128,723 shares, while 21 investors held positions by with 37,968,284 shares. The mentioned changes placed institutional holdings at 77,071,453 shares, according to the latest SEC report filing. WPF stock had 46 new institutional investments in for a total of 23,470,194 shares, while 7 institutional investors sold positions of 2,401,216 shares during the same period.