How have the shares performed?
GS Acquisition Holdings Corp II (GSAH) saw downtrend of -2.04% in the recent trading with $10.06 being its most recent. The current price level -39.60% lower than the highest price of $16.66 marked by the stock while trading over the past 52-weeks, whereas it is 2.13% higher than the lowest price of $9.85 the company dropped to over past 52-weeks. The latest news story on GSAH appeared in Simply Wall St. under the title “How Much Of GS Acquisition Holdings Corp II (NYSE:GSAH) Do Institutions Own?” on May-18-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -6.42% below one month high and is +0.50% above of the lowest during that time. Looking into the simple moving average, GS Acquisition Holdings Corp II (GSAH)’s stock stands at a SMA-50 of $10.31 while that of 5-day is reading $10.25.
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 GSAH’s SMA-200 as of now is $10.77.
GS Acquisition Holdings Corp II Earnings – What Happened With GSAH
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.
GSAH – GS Acquisition Holdings Corp II 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 93.75 million. GSAH does have institutional investors; and they hold 55.10% of the stock.
GS Acquisition Holdings Corp II – Insider Activity and Holdings
As on Mar 30, 2021, Susquehanna International Group, LLP was the top most holder in GS Acquisition Holdings Corp II (NYSE:GSAH) with an ownership of 3.13 million shares of the company or 4.17% of the stake worth $32.64 million. The filing also reveals Graham Capital Management, L.P. as the second largest holder in the company with a control over 3.98% of the outstanding shares. Its stake is worth $31.1 million for having 2.98 million shares in hand.
Alpine Global Management, LLC also came holding a key position in the company during the recent quarter and it now holds 2.85% of the outstanding shares. With this there are now 123 institutions which have possession in GSAH’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 GS Acquisition Holdings Corp II was 0.01 while posting a debt to equity ratio of 0.00.
GS Acquisition Holdings Corp II’s return on equity, or ROE, is -7.00%, compared to the industry average of -0.93% for Financial – Shell Companies. Although this indicates that GSAH fails to use its equity well, the metric will vary significantly depending on the industry.
Technical Analysis of GS Acquisition Holdings Corp II (NYSE:GSAH) 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 GS Acquisition Holdings Corp II (GSAH), we notice that the stock’s 20-day average volume is at 1,082,760 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 1,068,162 shares. And to end, GSAH’s 100-day average volume is 2,354,406 shares with 50% of the long-term indicators pointing towards Sell for the stock.