Collective Growth Corporation (CGRO) saw downtrend of 0.00% in the recent, registering $9.78 being its most recent bid. The distance of current price level is -6.86% lower than the highest price of $10.50 marked by the stock while trading over the past 52-weeks, whereas it is 0.82% higher than the lowest price of $9.70 the company dropped to over past 52-weeks. The latest news story on CGRO appeared in MarketWatch under the title “After his latest firing, this cannabis entrepreneur raised $150 million for a hemp venture during a pandemic” on Jul-08-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -1.71% below one month high and is +0.41% above of the lowest during that time. Looking into the simple moving average, Collective Growth Corporation (CGRO)’s stock is currently standing at a SMA-50 of $9.85 while that of 5-day is reading $9.84.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 19.01 million of CGRO’s outstanding shares. That indicates a holding of about 8.90% of worth by institutional holders in the company.
As on Jun 29, 2020, UBS O’Connor LLC was the top most holder in Collective Growth Corporation (NASDAQ:CGRO) with an ownership of 0.71 million shares of the company or 4.67% of the stake worth $7.0 million. The filing also reveals Alberta Investment Managament Corp as the second largest holder in the company with a control over 3.24% of the stake or worth of $4.86 million for having 0.49 million shares in hand.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Collective Growth Corporation has a debt to equity ratio of 0.00.