46 institutions hold shares in CITIC Capital Acquisition Corp. (CCAC), with institutional investors hold 68.27% of the company’s shares. The shares outstanding are 34.50M, and float is at 27.60M with Short Float at 0.28%. Institutions hold 68.27% of the Float.
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The top institutional shareholder in the company is Hudson Bay Capital Management LP with over 2.03 million shares valued at $21.29 million. The investor’s holdings represent 7.36% of the CCAC Shares outstanding. As of Dec 30, 2020, the second largest holder is Karpus Management Inc with 1.51 million shares valued at $15.85 million to account for 5.48% of the shares outstanding. The other top investors are Millennium Management LLC which holds 1.17 million shares representing 4.24% and valued at over $12.27 million, while Nomura Holdings Inc. holds 3.99% of the shares totaling 1.1 million with a market value of $11.53 million.
CITIC Capital Acquisition Corp. (NYSE: CCAC) is 4.87% higher on its value in year-to-date trading and has touched a low of $9.51 and a high of $12.20 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 CCAC stock was last observed hovering at around $11.40 in the last trading session, with the day’s loss setting it -0.41%.
Currently trading at $10.99, the stock is -1.85% and 1.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.1 million and changing -3.60% at the moment leaves the stock 8.44% off its SMA200. CCAC registered a gain of 12.95% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $11.00 and a 200-day simple moving average (SMA200) of $10.23.
The stock witnessed a 1.29% loss in the last 1 month and extending the period to 3 months gives it a 12.14%, and is -5.42% 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 5.12% over the week and 3.90% over the month.
Distance from 52-week low is 15.56% and -9.95% from its 52-week high.
CITIC Capital Acquisition Corp. (CCAC) Analyst Forecasts