Alternus Clean Energy Inc [ALCE] moved up 27.23: Why It’s Important

Alternus Clean Energy Inc [NASDAQ: ALCE] jumped around 0.21 points on Thursday, while shares priced at $1.00 at the close of the session, up 27.23%.

Compared to the average trading volume of 442.02K shares, ALCE reached a trading volume of 39028616 in the most recent trading day, which is why market watchdogs consider the stock to be active.

How has ALCE stock performed recently?

Alternus Clean Energy Inc [ALCE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.03. With this latest performance, ALCE shares dropped by -15.27% in over the last four-week period, additionally sinking by -88.95% over the last 6 months – not to mention a drop of -97.14% 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 ALCE stock in for the last two-week period is set at 44.34, with the RSI for the last a single of trading hit 53.95, and the three-weeks RSI is set at 38.18 for Alternus Clean Energy Inc [ALCE]. The present Moving Average for the last 50 days of trading for this stock 1.5235, while it was recorded at 0.9005 for the last single week of trading, and 6.0537 for the last 200 days.

Alternus Clean Energy Inc [ALCE]: Deeper insight into the fundamentals

Alternus Clean Energy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.34 and a Current Ratio set at 0.34.

Insider trade positions for Alternus Clean Energy Inc [ALCE]