How have the shares performed?
Seven Oaks Acquisition Corp. (SVOK) saw an uptrend of 0.61% in the recent trading with $9.87 being its most recent. The current price level -9.95% lower than the highest price of $10.96 marked by the stock while trading over the past 52-weeks, whereas it is 3.25% higher than the lowest price of $9.56 the company dropped to over past 52-weeks. The latest news story on SVOK appeared in Yahoo Finance Video under the title “Boxed to go public in $900M SPAC deal” on Jun-14-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -0.10% below one month high and is +2.28% above of the lowest during that time. Looking into the simple moving average, Seven Oaks Acquisition Corp. (SVOK)’s stock stands at a SMA-50 of $9.76 while that of 5-day is reading $9.77.
Seven Oaks Acquisition Corp. Earnings – What Happened With SVOK
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.
SVOK – Seven Oaks 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 32.34 million. SVOK does have institutional investors; and they hold 74.60% of the stock.
Seven Oaks Acquisition Corp. – Insider Activity and Holdings
As on Mar 30, 2021, Fort Baker Capital Management LP was the top most holder in Seven Oaks Acquisition Corp. (NASDAQ:SVOK) with an ownership of 2.36 million shares of the company or 9.13% of the stake worth $23.03 million. The filing also reveals Castle Creek Arbitrage, LLC as the second largest holder in the company with a control over 6.38% of the outstanding shares. Its stake is worth $16.09 million for having 1.65 million shares in hand.
Park West Asset Management LLC also came holding a key position in the company during the recent quarter and it now holds 6.18% of the outstanding shares. With this there are now 58 institutions which have possession in SVOK’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 Seven Oaks Acquisition Corp. was 12.00 while posting a debt to equity ratio of 0.00.