Alternus Clean Energy Inc [NASDAQ: ALCE] traded at a low on Wednesday, posting a -14.11 loss after which it closed the day’ session at $0.65.
The results of the trading session contributed to over 7209923 shares changing hands. Over the past one week, the price volatility of Alternus Clean Energy Inc stands at 41.06% while the volatility over the past one month is 20.23%.
The market cap for ALCE stock reached $2.91 million, with 3.49 million shares outstanding and 1.39 million shares in the current float. Compared to the average trading volume of 1.13M shares, ALCE reached a trading volume of 7209923 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] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.27. With this latest performance, ALCE shares dropped by -34.99% in over the last four-week period, additionally sinking by -93.33% over the last 6 months – not to mention a drop of -97.98% 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 33.37, with the RSI for the last a single of trading hit 34.19, and the three-weeks RSI is set at 32.01 for Alternus Clean Energy Inc [ALCE]. The present Moving Average for the last 50 days of trading for this stock 1.3757, while it was recorded at 0.8095 for the last single week of trading, and 5.8297 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.
