Texas Ventures Acquisition III Corp [NASDAQ: TVA] surged by $0.6 during the normal trading session on Thursday and reaching a high of $10.77 during the day while it closed the day at $10.73.
The market cap for TVA stock reached $321.90 million, with 22.50 million shares outstanding and 22.50 million shares in the current float. Compared to the average trading volume of 39.62K shares, TVA reached a trading volume of 6478325 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 Texas Ventures Acquisition III Corp [TVA]:
The Price to Book ratio for the last quarter was 1.48, with the Price to Cash per share for the same quarter was set at 0.03.
TVA stock trade performance evaluation
Texas Ventures Acquisition III Corp [TVA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.92.
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 TVA stock in for the last two-week period is set at 94.34, with the RSI for the last a single of trading hit 0.08, and the three-weeks RSI is set at 0.05 for Texas Ventures Acquisition III Corp [TVA]. The present Moving Average for the last 50 days of trading for this stock 10.12, while it was recorded at 10.25 for the last single week of trading.
Texas Ventures Acquisition III Corp (TVA) Capital Structure & Debt Analysis
Texas Ventures Acquisition III Corp (TVA) Efficiency & Liquidity Metrics
Based on Texas Ventures Acquisition III Corp’s (TVA) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
Texas Ventures Acquisition III Corp (TVA) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Texas Ventures Acquisition III Corp. (TVA) effectively leverages its workforce, generating an average of $1425000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 21.75% and a Quick Ratio of 21.75%, indicating strong ability to cover short-term liabilities.
Texas Ventures Acquisition III Corp [TVA]: Institutional Ownership
There are presently around $78.22%, or 82.54%% of TVA stock, in the hands of institutional investors.
