The shares outstanding are 72.45M, and float is at 54.34M with Short Float at 0.84%.
The top institutional shareholder in the company is Merger Fund, The with over 0.85 million shares valued at $9.04 million. The investor’s holdings represent 1.17% of the AACQ Shares outstanding. As of Dec 30, 2020, the second largest holder is Investment Managers Ser Tr-Vivaldi Merger Arbitrage Fd with 0.32 million shares valued at $3.37 million to account for 0.44% of the shares outstanding. The other top investors are JNL Series Trust-JNL/Multi Manager Alternative Fund which holds 0.16 million shares representing 0.23% and valued at over $1.74 million, while WCM Alternatives Event Driven Fd holds 0.20% of the shares totaling 0.15 million with a market value of $1.56 million.
Artius Acquisition Inc. (NASDAQ: AACQ) is -3.48% lower on its value in year-to-date trading and has touched a low of $9.57 and a high of $14.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AACQ stock was last observed hovering at around $10.07 in the last trading session, with the day’s gains setting it 0.19% off its average median price target of $30.00 for the next 12 months. It is also 65.8% off the consensus price target high of $30.00 offered by 1 analysts, but current levels are 65.8% higher than the price target low of $30.00 for the same period.
Currently trading at $10.26, the stock is -2.38% and -7.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 1.89% at the moment leaves the stock -1.37% off its SMA200. AACQ registered a gain of 3.95% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $11.16 and a 200-day simple moving average (SMA200) of $10.41.
The stock witnessed a -8.64% loss in the last 1 month and extending the period to 3 months gives it a -1.54%, and is -0.48% 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 2.40% over the week and 3.51% over the month.
Distance from 52-week low is 7.15% and -26.77% from its 52-week high.
Artius Acquisition Inc. (AACQ) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Artius Acquisition Inc. (AACQ) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Artius Acquisition Inc. quarterly earnings per share for the current quarter are estimated at $0..