CIIG Merger Corp. (NASDAQ: CIIC) is -5.30% lower on its value in year-to-date trading and has touched a low of $9.30 and a high of $37.18 in the current 52-week trading range. The CIIC stock was last observed hovering at around $26.63 in the last trading session, with the day’s gains setting it 2.62%.
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Currently trading at $29.25, the stock is 2.21% and 27.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.62 million and changing 9.84% at the moment leaves the stock 117.83% off its SMA200. CIIC registered a gain of 171.73% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $27.96 and a 200-day simple moving average (SMA200) of $14.71.
The stock witnessed a -7.05% loss in the last 1 month and extending the period to 3 months gives it a 165.77%, and is -2.45% 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 5.20% over the week and 8.89% over the month.
Distance from 52-week low is 214.52% and -21.33% from its 52-week high.
CIIG Merger Corp. (CIIC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for CIIG Merger Corp. (CIIC) is a “-“. 0 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
CIIG Merger Corp. (CIIC) Top Institutional Holders
53 institutions hold shares in CIIG Merger Corp. (CIIC), with institutional investors hold 66.47% of the company’s shares. The shares outstanding are 32.34M, and float is at 25.88M with Short Float at 6.53%. Institutions hold 66.47% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 1.94 million shares valued at $19.45 million. The investor’s holdings represent 7.50% of the CIIC Shares outstanding. As of Sep 29, 2020, the second largest holder is Kepos Capital Lp with 1.43 million shares valued at $14.28 million to account for 5.51% of the shares outstanding. The other top investors are UBS O’Connor LLC which holds 1.17 million shares representing 4.53% and valued at over $11.74 million, while Omni Partners LLP holds 3.18% of the shares totaling 0.82 million with a market value of $8.24 million.