How have the shares performed?
Jaws Acquisition Corp. (JWS) saw an uptrend of 5.07% in the recent trading with $14.30 being its most recent. The current price level -17.96% lower than the highest price of $17.43 marked by the stock while trading over the past 52-weeks, whereas it is 43.72% higher than the lowest price of $9.95 the company dropped to over past 52-weeks. The latest news story on JWS appeared in PR Newswire under the title “Jaws Acquisition Corp. Announces Extraordinary General Meeting Teleconference Details” on May-24-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -1.31% below one month high and is +17.41% above of the lowest during that time. Looking into the simple moving average, Jaws Acquisition Corp. (JWS)’s stock stands at a SMA-50 of $13.26 while that of 5-day is reading $13.58.
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 JWS’s SMA-200 as of now is $12.43.
Jaws Acquisition Corp. Earnings – What Happened With JWS
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.
JWS – Jaws 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 86.25 million.
Jaws Acquisition Corp. – Insider Activity and Holdings
As on Mar 30, 2021, ArrowMark Colorado Holdings LLC was the top most holder in Jaws Acquisition Corp. (NYSE:JWS) with an ownership of 11.09 million shares of the company or 16.07% of the stake worth $146.94 million. The filing also reveals FMR, LLC as the second largest holder in the company with a control over 12.50% of the outstanding shares. Its stake is worth $114.27 million for having 8.62 million shares in hand.
Citadel Advisors LLC also came holding a key position in the company during the recent quarter and it now holds 7.41% of the outstanding shares. With this there are now 82 institutions which have possession in JWS’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 Jaws Acquisition Corp. was 0.56 while posting a debt to equity ratio of 0.00.
Jaws Acquisition Corp.’s return on equity, or ROE, is -6.00%, compared to the industry average of -0.93% for Financial – Shell Companies. Although this indicates that JWS fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of Jaws Acquisition Corp. (NYSE:JWS) 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 Jaws Acquisition Corp. (JWS), we notice that the stock’s 20-day average volume is at 518,815 shares. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 586,996 shares. And to end, JWS’s 100-day average volume is 900,843 shares with 100% of the long-term indicators pointing towards Buy for the stock.