56 institutions hold shares in Stable Road Acquisition Corp. (SRAC), with 760.28k shares held by insiders accounting for 3.44% while institutional investors hold 41.70% of the company’s shares. The shares outstanding are 22.11M, and float is at 17.30M with Short Float at 15.38%. Institutions hold 40.26% of the Float.
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The top institutional shareholder in the company is 683 Capital Management LLC with over 0.86 million shares valued at $15.44 million. The investor’s holdings represent 4.83% of the SRAC Shares outstanding. As of Dec 30, 2020, the second largest holder is Susquehanna International Group, LLP with 0.71 million shares valued at $12.74 million to account for 3.98% of the shares outstanding. The other top investors are Healthcare of Ontario Pension Plan Trust Fund which holds 0.63 million shares representing 3.51% and valued at over $11.22 million, while Scoggin Management, LP holds 3.37% of the shares totaling 0.6 million with a market value of $10.78 million.
Stable Road Acquisition Corp. (NASDAQ: SRAC) is -30.73% lower on its value in year-to-date trading and has touched a low of $9.70 and a high of $29.18 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 SRAC stock was last observed hovering at around $12.61 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $12.44, the stock is -13.87% and -33.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.61 million and changing -1.35% at the moment leaves the stock -8.71% off its SMA200. SRAC registered a gain of 21.01% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $16.71 and a 200-day simple moving average (SMA200) of $15.40.
The stock witnessed a -0.48% loss in the last 1 month and extending the period to 3 months gives it a -23.45%, and is -8.12% 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 7.10% over the week and 10.34% over the month.
Distance from 52-week low is 28.25% and -57.37% from its 52-week high.