How have the shares performed?
Foley Trasimene Acquisition Corp. (WPF) saw an uptrend of 0.48% in the recent trading with $10.50 being its most recent. The current price level -27.64% lower than the highest price of $14.51 marked by the stock while trading over the past 52-weeks, whereas it is 7.80% higher than the lowest price of $9.74 the company dropped to over past 52-weeks. The latest news story on WPF appeared in GuruFocus.com under the title “52-Week Company Lows” on May-03-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -0.85% below one month high and is +5.95% above of the lowest during that time. Looking into the simple moving average, Foley Trasimene Acquisition Corp. (WPF)’s stock stands at a SMA-50 of $10.12 while that of 5-day is reading $10.44.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and WPF’s SMA-200 as of now is $10.45.
Foley Trasimene Acquisition Corp. Earnings – What Happened With WPF
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.
WPF – Foley Trasimene Acquisition 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 129.38 million. WPF does have institutional investors; and they hold 73.20% of the stock.
Foley Trasimene Acquisition Corp. – Insider Activity and Holdings
Moreover, the latest SEC filings also revealed that stock came across 0 new insider purchases involving 0 shares. On the other hand, WPF declared 25,000 shares have been sold in 1 insider transactions over the past three months.
As on Mar 30, 2021, Soroban Capital Partners LP was the top most holder in Foley Trasimene Acquisition Corp. (NYSE:WPF) with an ownership of 6.11 million shares of the company or 5.90% of the stake worth $61.3 million. The filing also reveals Azora Capital LP as the second largest holder in the company with a control over 5.04% of the outstanding shares. Its stake is worth $52.39 million for having 5.22 million shares in hand.
MFN Partners Management, LP also came holding a key position in the company during the recent quarter and it now holds 4.44% of the outstanding shares. With this there are now 121 institutions which have possession in WPF’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 Foley Trasimene Acquisition Corp. was 0.23 while posting a debt to equity ratio of 0.00.
Foley Trasimene Acquisition Corp.’s return on equity, or ROE, is -3.90%, compared to the industry average of -0.96% for Financial – Shell Companies. Although this indicates that WPF fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Foley Trasimene Acquisition Corp. (NYSE:WPF) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Foley Trasimene Acquisition Corp. (WPF), we notice that the stock’s 20-day average volume is at 2,006,775 shares. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,438,250 shares. And to end with, WPF’s 100-day average volume are 2,338,521 shares.