Digital World Acquisition Corp (DWAC) concluded trading on Wednesday at a closing price of $37.95, with 4.9 million shares of worth about $186.07 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 128.20% during that period and on Wednesday, January 31 the price saw a gain of about 0.40%. Currently the company’s common shares owned by public are about 30.02M shares, out of which, 28.89M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
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
Sponsored
However, the stock later moved at a day high price of 42.24, or with a gain of 0.40%. Stock saw a price change of -0.52% in past 5 days and over the past one month there was a price change of 116.86%. Year-to-date (YTD), DWAC shares are showing a performance of 116.86% which increased to 146.43% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.34 but also hit the highest price of $58.72 during that period. The average intraday trading volume for Digital World Acquisition Corp shares is 2.19 million. The stock is currently trading 41.00% above its 20-day simple moving average (SMA20), while that difference is up 78.58% for SMA50 and it goes to 133.43% higher than SMA200.
Digital World Acquisition Corp (NASDAQ: DWAC) currently have 30.02M outstanding shares and institutions hold larger chunk of about 3.73% of that.
The stock has a current market capitalization of $1.41B and its 3Y-monthly beta is at 6.70. It has posted earnings per share of -$0.69 in the same period. It has Quick Ratio of 0.06 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DWAC, volatility over the week remained 15.57% while standing at 16.11% over the month.
