Home  »  Industry   »  Northern Genesis Acquisition Corp. (NGA) – D...

Northern Genesis Acquisition Corp. (NGA) – Don’t Be So Quick to Call it Dead

59 institutions hold shares in Northern Genesis Acquisition Corp. (NGA), with 7.99M shares held by insiders accounting for 20.00% while institutional investors hold 44.00% of the company’s shares. The shares outstanding are 39.93M, and float is at 31.95M with Short Float at 9.29%. Institutions hold 35.20% of the Float.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free


Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

The top institutional shareholder in the company is Magnetar Financial LLC with over 2.56 million shares valued at $45.57 million. The investor’s holdings represent 6.42% of the NGA Shares outstanding. As of Dec 30, 2020, the second largest holder is Alberta Investment Managament Corp with 1.44 million shares valued at $25.55 million to account for 3.60% of the shares outstanding. The other top investors are BNP Paribas Asset Management Holding S.A. which holds 0.89 million shares representing 2.23% and valued at over $15.85 million, while EJF Capital LLC holds 2.17% of the shares totaling 0.87 million with a market value of $15.41 million.

Northern Genesis Acquisition Corp. (NYSE: NGA) is -4.72% lower on its value in year-to-date trading and has touched a low of $9.60 and a high of $35.25 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 NGA stock was last observed hovering at around $16.31 in the last trading session, with the day’s gains setting it 0.63%.

Currently trading at $16.94, the stock is -3.77% and -20.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 3.86% at the moment leaves the stock -2.42% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $18.82 and a 200-day simple moving average (SMA200) of $17.36.

The stock witnessed a -5.10% in the last 1 month and extending the period to 3 months gives it a -4.88%, and is -6.41% 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 7.92% over the week and 10.76% over the month.

Distance from 52-week low is 76.46% and -51.94% from its 52-week high.

Northern Genesis Acquisition Corp. (NGA) Analyst Forecasts

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Most Popular

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Related Posts




Download Free eBook For

100% free. stop anytime no spam