Cantor Equity Partners Inc (NASDAQ: CEP) is 203.18% higher on its value in year-to-date trading and has touched a low of $9.99 and a high of $39.29 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 CEP stock was last observed hovering at around $24.80 in the last trading session, with the day’s gains setting it 6.7%.
Currently trading at $31.50, the stock is 147.69% and 178.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 27.41 million and changing 27.02% at the moment leaves the stock 198.68% off its SMA200. CEP registered a gain of 214.37% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $11.3346 and a 200-day simple moving average (SMA200) of $10.51554.
The stock witnessed a 200.00% loss in the last 1 month and extending the period to 3 months gives it a 203.18%, and is 197.17% up 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 37.77% over the week and 9.75% over the month.
Cantor Equity Partners Inc (CEP) has around 2 employees, a market worth around $403.20M and $0.00M in sales. Current P/E ratio is 262.28. Distance from 52-week low is 215.32% and -19.83% from its 52-week high. The company has generated returns on investments over the last 12 months (1.51%).
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Cantor Equity Partners Inc (CEP) Top Institutional Holders
40.0 institutions hold shares in Cantor Equity Partners Inc (CEP), with institutional investors hold 88.26% of the company’s shares. The shares outstanding are 10.30M, and float is at 10.00M with Short Float at 0.07%. Institutions hold 85.69% of the Float.
Cantor Equity Partners Inc (CEP) Insider Activity
The most recent transaction is an insider purchase by Cantor EP Holdings, LLC, the company’s 10% Owner. SEC filings show that Cantor EP Holdings, LLC bought 300,000 shares of the company’s common stock on Aug 14 ’24 at a price of $10.00 per share for a total of $3.0 million. Following the purchase, the insider now owns 0.3 million shares.
