How have the shares performed?
TPG Pace Beneficial Finance Corp. (TPGY) saw downtrend of -12.54% in the recent trading with $12.27 being its most recent. The current price level -64.21% lower than the highest price of $34.28 marked by the stock while trading over the past 52-weeks, whereas it is 25.72% higher than the lowest price of $9.76 the company dropped to over past 52-weeks. The latest news story on TPGY appeared in Motley Fool under the title “Why TPG Pace Beneficial Stock Crashed Today” on May-18-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -32.91% below one month high and is +6.70% above of the lowest during that time. Looking into the simple moving average, TPG Pace Beneficial Finance Corp. (TPGY)’s stock stands at a SMA-50 of $17.09 while that of 5-day is reading $13.38.
TPG Pace Beneficial Finance Corp. Earnings – What Happened With TPGY
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.
TPGY – TPG Pace Beneficial Finance Corp. 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 39.81 million. TPGY does have institutional investors; and they hold 84.90% of the stock.
TPG Pace Beneficial Finance Corp. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 11 new insider purchases involving 1,063,493 shares. On the other hand, TPGY declared 0 shares have been sold in 0 insider transactions over the past three months.
As on Mar 31, 2021, Tybourne Capital Management (HK) Limited was the top most holder in TPG Pace Beneficial Finance Corp. (NYSE:TPGY) with an ownership of 4.96 million shares of the company or 14.16% of the stake worth $97.06 million. The filing also reveals Light Street Capital Management, LLC as the second largest holder in the company with a control over 9.57% of the outstanding shares. Its stake is worth $86.69 million for having 3.35 million shares in hand.
Times Square Capital Management, LLC also came holding a key position in the company during the recent quarter and it now holds 7.06% of the outstanding shares. With this there are now 85 institutions which have possession in TPGY’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, TPG Pace Beneficial Finance Corp. has a debt to equity ratio of 0.00.
Technical Analysis of TPG Pace Beneficial Finance Corp. (NYSE:TPGY) stock