Hennessy Capital Acquisition Corp. IV (NASDAQ: HCAC) is 4.33% higher on its value in year-to-date trading and has touched a low of $9.21 and a high of $11.55 in the current 52-week trading range. The HCAC stock was last observed hovering at around $10.44 in the last trading session, with the day’s gains setting it 0.16%.
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Currently trading at $10.60, the stock is 2.02% and 3.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 1.48% at the moment leaves the stock 4.71% off its SMA200. HCAC registered a gain of 5.58% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $10.32 and a 200-day simple moving average (SMA200) of $10.21.
The stock witnessed a 3.51% loss in the last 1 month and extending the period to 3 months gives it a 3.92%, and is -0.33% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.95% over the week and 1.00% over the month.
Current P/E ratio is 207.84. Distance from 52-week low is 15.09% and -8.23% from its 52-week high.
Hennessy Capital Acquisition Corp. IV (HCAC) Analyst Forecasts
Hennessy Capital Acquisition Corp. IV (HCAC) Top Institutional Holders
43 institutions hold shares in Hennessy Capital Acquisition Corp. IV (HCAC), with institutional investors hold 63.25% of the company’s shares. The shares outstanding are 37.52M, and float is at 30.02M with Short Float at 0.52%. Institutions hold 63.25% of the Float.
The top institutional shareholder in the company is Glazer Capital LLC with over 3.3 million shares valued at $33.36 million. The investor’s holdings represent 10.99% of the HCAC Shares outstanding. As of Mar 30, 2020, the second largest holder is Magnetar Financial LLC with 1.8 million shares valued at $18.2 million to account for 6.00% of the shares outstanding. The other top investors are UBS O’Connor LLC which holds 1.77 million shares representing 5.89% and valued at over $17.86 million, while Berkley W R Corp holds 4.46% of the shares totaling 1.34 million with a market value of $13.52 million.