The top institutional shareholder in the company is Adage Capital Partners GP L.L.C. with over 1.5 million shares valued at $15.97 million. The investor’s holdings represent 4.35% of the SNPR Shares outstanding. As of Dec 30, 2020, the second largest holder is Millennium Management LLC with 1.32 million shares valued at $14.1 million to account for 3.84% of the shares outstanding. The other top investors are CIBC Private Wealth Group, LLC which holds 1.0 million shares representing 2.90% and valued at over $10.65 million, while Linden Advisors LP holds 2.03% of the shares totaling 0.7 million with a market value of $7.46 million.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Tortoise Acquisition Corp. II (NYSE: SNPR) is 23.00% higher on its value in year-to-date trading and has touched a low of $9.46 and a high of $18.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SNPR stock was last observed hovering at around $14.59 in the last trading session, with the day’s loss setting it -1.49%.
Currently trading at $13.10, the stock is -5.63% and 6.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.31 million and changing -10.21% at the moment leaves the stock 12.81% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $13.09 and a 200-day simple moving average (SMA200) of $11.61.
The stock witnessed a -2.82% In the last 1 month and extending the period to 3 months gives it a 29.45%, and is -18.23% 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 8.90% over the week and 7.39% over the month.
Distance from 52-week low is 38.48% and -28.53% from its 52-week high.
Tortoise Acquisition Corp. II (SNPR) Analyst Forecasts