Mountain Lake Acquisition Corp [NASDAQ: MLAC] price surged by 1.84 percent to reach at $0.19.
A sum of 5122320 shares traded at recent session while its average daily volume was at 14.60K shares. Mountain Lake Acquisition Corp shares reached a high of $10.69 and dropped to a low of $10.42 until finishing in the latest session at $10.5.
Guru’s Opinion on Mountain Lake Acquisition Corp [MLAC]:
The Price to Book ratio for the last quarter was 1.42, with the Price to Cash per share for the same quarter was set at 0.04.
MLAC Stock Performance Analysis:
Mountain Lake Acquisition Corp [MLAC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.84.
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 MLAC stock in for the last two-week period is set at 85.91, with the RSI for the last a single of trading hit 0.06, and the three-weeks RSI is set at 0.03 for Mountain Lake Acquisition Corp [MLAC]. The present Moving Average for the last 50 days of trading for this stock 10.27, while it was recorded at 10.34 for the last single week of trading.
Mountain Lake Acquisition Corp (MLAC) Capital Structure & Debt Analysis
According to recent financial data for Mountain Lake Acquisition Corp. ( MLAC), the Return on Equity (ROE) stands at 4.08%, suggesting modest shareholder returns. The Return on Assets (ROA) is 3.94%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Mountain Lake Acquisition Corp’s Return on Invested Capital (ROIC) is 2.04%, showcasing its effectiveness in deploying capital for earnings.
Mountain Lake Acquisition Corp (MLAC) Efficiency & Liquidity Metrics
Based on Mountain Lake Acquisition Corp’s (MLAC) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
