Fusion Acquisition Corp. (NYSE: FUSE) is 1.15% higher on its value in year-to-date trading and has touched a low of $9.68 and a high of $12.09 in the current 52-week trading range. The FUSE stock was last observed hovering at around $11.43 in the last trading session, with the day’s gains setting it 1.03%.
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Currently trading at $12.46, the stock is 14.25% and 20.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.77 million and changing 9.01% at the moment leaves the stock 24.08% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $10.57 and a 200-day simple moving average (SMA200) of $10.04.
The stock witnessed a 10.97% in the last 1 month and extending the period to 3 months gives it a 16.49%, and is 3.91% up 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 4.34% over the week and 3.34% over the month.
Distance from 52-week low is 28.72% and 3.06% from its 52-week high.
Fusion Acquisition Corp. (FUSE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Fusion Acquisition Corp. (FUSE) 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.
Fusion Acquisition Corp. (FUSE) Top Institutional Holders
49 institutions hold shares in Fusion Acquisition Corp. (FUSE), with institutional investors hold 55.31% of the company’s shares. Institutions hold 55.31% of the Float.
The top institutional shareholder in the company is Polar Asset Management Partners Inc. with over 2.02 million shares valued at $19.91 million. The investor’s holdings represent 5.79% of the FUSE Shares outstanding. As of Sep 29, 2020, the second largest holder is MMCAP International, Inc. SPC with 1.5 million shares valued at $14.74 million to account for 4.29% of the shares outstanding. The other top investors are Hudson Bay Capital Management LP which holds 1.5 million shares representing 4.29% and valued at over $14.74 million, while Linden Advisors LP holds 3.62% of the shares totaling 1.27 million with a market value of $12.47 million.