Spartan Energy Acquisition Corp. (NYSE:SPAQ) has a beta value of 0 and has seen 20,262,298 shares traded in the last trading session. The company, currently valued at $850.08 Million, closed the last trade at $12.32 per share which meant it lost -$1.38 on the day or -10.07% during that session. The SPAQ stock price is -75.32% off its 52-week high price of $21.6 and 20.86% above the 52-week low of $9.75. If we look at the company’s 10-day average daily trading volume, we find that it stood at 7.34 Million shares traded. The 3-month trading volume is 4.68 Million shares.
The consensus among analysts is that Spartan Energy Acquisition Corp. (SPAQ) is a 0 stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 0 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight.
Spartan Energy Acquisition Corp. (NYSE:SPAQ) trade information
Despite being -10.07% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Jul 30 when the SPAQ stock price touched $14.40- or saw a rise of 14.44%. Year-to-date, Spartan Energy Acquisition Corp. shares have moved 21.16%, while the 5-day performance has seen it change -7.78%. Over the past 30 days, the shares of Spartan Energy Acquisition Corp. (NYSE:SPAQ) have changed 14.93%. Short interest in the company has seen 502.01 Million shares shorted with days to cover at 107.27.
Spartan Energy Acquisition Corp. (SPAQ) estimates and forecasts
Over the next 5 years, the company’s earnings are expected to increase by 0%.
Spartan Energy Acquisition Corp. (NYSE:SPAQ)’s Major holders
Insiders own 0% of the company shares, while shares held by institutions stand at 71.41% with a share float percentage of 71.41%. Investors are also buoyed by the number of investors in a company, with Spartan Energy Acquisition Corp. having a total of 48 institutions that hold shares in the company. The top two institutional holders are Adage Capital Partners GP L.L.C. with over 4.95 Million shares worth more than $50.11 Million. As of March 30, 2020, Adage Capital Partners GP L.L.C. held 8.97% of shares outstanding.
The other major institutional holder is Glazer Capital LLC, with the holding of over 3.91 Million shares as of March 30, 2020. The firm’s total holdings are worth over $39.54 Million and represent 7.08% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Merger Fund, The and Special Opportunities Fd. As of March 30, 2020, the former fund manager holds about 1.24% shares in the company for having 684666 shares of worth $6.93 Million while later fund manager owns 50Thousand shares of worth $536Thousand as of June 29, 2020, which makes it owner of about 0.09% of company’s outstanding stock.