CIIG Merger Corp. (CIIC) saw downtrend of -2.70% in the recent, registering $28.12 being its most recent bid. The distance of current price level is -24.37% lower than the highest price of $37.18 marked by the stock while trading over the past 52-weeks, whereas it is 202.37% higher than the lowest price of $9.30 the company dropped to over past 52-weeks. The latest news story on CIIC appeared in InvestorPlace under the title “7 of 2020s Most Interesting Electric Vehicle SPACs Good and Bad” on Dec-31-20.

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Squeezing the time span to 30 day period shows us the stock currently buoying -24.37% below one month high and is +64.93% above of the lowest during that time. Looking into the simple moving average, CIIG Merger Corp. (CIIC)’s stock is currently standing at a SMA-50 of $20.19 while that of 5-day is reading $29.25.

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 32.34 million of CIIC’s outstanding shares. That indicates a holding of about 66.20% or $1490.36 of worth by institutional holders in the company.

As on Sep 29, 2020, Blackrock Inc. was the top most holder in CIIG Merger Corp. (NASDAQ:CIIC) with an ownership of 1.94 million shares of the company or 7.50% of the stake worth $19.45 million. The filing also reveals Kepos Capital Lp as the second largest holder in the company with a control over 5.51% of the stake or worth of $14.28 million for having 1.43 million shares in hand.

UBS O’Connor LLC also came increasing its position in the company during the recent quarter and it now holds 4.53% of the outstanding shares. With this there are now 53 institutions which have been in possession of CIIC’s shares.

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, liquidity recorded by CIIG Merger Corp. was 10.70 while posting a debt to equity ratio of 0.00.

The rising figure indicates that CIIC came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Shell Companies industry and with the broader scale at the Financial sector level shows that industry’s average ROE is -0.20.

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