Sustainable Opportunities Acquisition Corp. (SOAC) saw downtrend of -1.20% in the recent, registering $9.85 being its most recent bid. The distance of current price level is -8.37% lower than the highest price of $10.75 marked by the stock while trading over the past 52-weeks, whereas it is 1.55% higher than the lowest price of $9.70 the company dropped to over past 52-weeks.
Squeezing the time span to 30 day period shows us the stock currently buoying -5.11% below one month high. Looking into the simple moving average, Sustainable Opportunities Acquisition Corp. (SOAC)’s stock is currently standing at a SMA-50 of $10.04 while that of 5-day is reading $9.97.
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 37.50 million of SOAC’s outstanding shares. That indicates a holding of about 19.20% of worth by institutional holders in the company.
As on Jun 29, 2020, Polar Asset Management Partners Inc. was the top most holder in Sustainable Opportunities Acquisition Corp. (NYSE:SOAC) with an ownership of 1.75 million shares of the company or 5.85% of the stake worth $17.01 million. The filing also reveals UBS O’Connor LLC as the second largest holder in the company with a control over 5.70% of the stake or worth of $16.59 million for having 1.71 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, Sustainable Opportunities Acquisition Corp. has a debt to equity ratio of 0.00.