Churchill Capital Corp VII [NYSE: CVII] gained 0.10% or 0.01 points to close at $9.95 with a heavy trading volume of 8324835 shares.
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It opened the trading session at $9.94, the shares rose to $9.96 and dropped to $9.935, the range by which the price of stock traded the whole day. The daily chart for CVII points out that the company has recorded 2.47% gains over the past six months. However, it is still -2.79% lower than its most recent low trading price.
If we look at the average trading volume of 516.35K shares, CVII reached to a volume of 8324835 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Churchill Capital Corp VII [CVII]:
The Average True Range (ATR) for Churchill Capital Corp VII is set at 0.03 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 0.02.
Trading performance analysis for CVII stock
Churchill Capital Corp VII [CVII] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.10. With this latest performance, CVII shares gained by 0.81% in over the last four-week period, additionally plugging by 2.47% over the last 6 months – not to mention a rise of 1.53% 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 CVII stock in for the last two-week period is set at 57.88, with the RSI for the last a single of trading hit 55.12, and the three-weeks RSI is set at 59.07 for Churchill Capital Corp VII [CVII]. The present Moving Average for the last 50 days of trading for this stock 9.87, while it was recorded at 9.95 for the last single week of trading, and 9.79 for the last 200 days.
Churchill Capital Corp VII [CVII]: A deeper dive into fundamental analysis
Return on Equity for this stock declined to -0.68, with Return on Assets sitting at -0.62.
Churchill Capital Corp VII’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.30 and a Current Ratio set at 5.30.
An analysis of insider ownership at Churchill Capital Corp VII [CVII]
54 institutional holders increased their position in Churchill Capital Corp VII [NYSE:CVII] by around 17,367,950 shares. Additionally, 41 investors decreased positions by around 16,023,356 shares, while 63 investors held positions by with 79,685,734 shares. The mentioned changes placed institutional holdings at 113,077,040 shares, according to the latest SEC report filing. CVII stock had 19 new institutional investments in for a total of 2,315,043 shares, while 11 institutional investors sold positions of 4,753,925 shares during the same period.