How have the shares performed?
Pershing Square Tontine Holdings Ltd. (PSTH) saw an uptrend of 1.95% in the recent trading with $25.62 being its most recent. The current price level -24.87% lower than the highest price of $34.10 marked by the stock while trading over the past 52-weeks, whereas it is 19.16% higher than the lowest price of $21.50 the company dropped to over past 52-weeks. The latest news story on PSTH appeared in Barrons.com under the title “The SPAC Bubble Has Popped. Where to Find Bargains Among the Wreckage.” on May-17-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -1.73% below one month high and is +15.41% above of the lowest during that time. Looking into the simple moving average, Pershing Square Tontine Holdings Ltd. (PSTH)’s stock stands at a SMA-50 of $24.89 while that of 5-day is reading $24.91.
Pershing Square Tontine Holdings Ltd. Earnings – What Happened With PSTH
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.
PSTH – Pershing Square Tontine Holdings Ltd. Stock Earnings Estimates
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). The total number of common shares currently owned by the public is 200.00 million. PSTH does have institutional investors; and they hold 56.00% of the stock.
Pershing Square Tontine Holdings Ltd. – Insider Activity and Holdings
As on Mar 31, 2021, Guggenheim Capital, LLC was the top most holder in Pershing Square Tontine Holdings Ltd. (NYSE:PSTH) with an ownership of 22.0 million shares of the company or 11.00% of the stake worth $528.22 million. The filing also reveals Baupost Group, Inc,.(The) LLC as the second largest holder in the company with a control over 6.35% of the outstanding shares. Its stake is worth $305.12 million for having 12.71 million shares in hand.
Wells Fargo & Company also came holding a key position in the company during the recent quarter and it now holds 5.60% of the outstanding shares. With this there are now 197 institutions which have possession in PSTH’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, current ratio recorded by Pershing Square Tontine Holdings Ltd. was 17.67 while posting a debt to equity ratio of 0.00.
Technical Analysis of Pershing Square Tontine Holdings Ltd. (NYSE:PSTH) stock