28 institutions hold shares in Atlas Crest Investment Corp. (ACIC), with institutional investors hold 41.58% of the company’s shares. The shares outstanding are 62.50M, and float is at 37.50M with Short Float at 9.39%. Institutions hold 41.58% of the Float.
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The top institutional shareholder in the company is Linden Advisors LP with over 3.17 million shares valued at $31.88 million. The investor’s holdings represent 6.34% of the ACIC Shares outstanding. As of Dec 30, 2020, the second largest holder is Canyon Capital Advisors LLC with 2.5 million shares valued at $25.15 million to account for 5.00% of the shares outstanding. The other top investors are Millennium Management LLC which holds 2.0 million shares representing 4.00% and valued at over $20.12 million, while HBK Investments, L.P. holds 1.50% of the shares totaling 0.75 million with a market value of $7.54 million.
Atlas Crest Investment Corp. (NYSE: ACIC) is 1.59% higher on its value in year-to-date trading and has touched a low of $9.73 and a high of $18.60 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 ACIC stock was last observed hovering at around $10.08 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $10.22, the stock is -2.50% and -11.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 1.39% at the moment leaves the stock -8.55% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $11.74 and a 200-day simple moving average (SMA200) of $11.19.
The stock witnessed a -7.34% in the last 1 month and extending the period to 3 months gives it a 1.29%, and is -0.68% 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 2.09% over the week and 3.45% over the month.
Distance from 52-week low is 5.04% and -45.05% from its 52-week high.