Canna Global Acquisition Corp (NASDAQ: CNGL) flaunted slowness of -1.32% at $10.43, before settling in for the price of $10.57 at the close. Taking a more long-term approach, CNGL posted a 52-week range of $9.90-$11.99.
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In the past 5-years timespan, the Financial sector firm’s annual sales growth was 0.00%. This publicly-traded company’s shares outstanding now amounts to $1.97 million, simultaneously with a float of $1.17 million. The organization now has a market capitalization sitting at $80.52 million. At the time of writing, stock’s 50-day Moving Average stood at $11.11, while the 200-day Moving Average is $10.84.
Canna Global Acquisition Corp (CNGL) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Canna Global Acquisition Corp industry. Canna Global Acquisition Corp’s current insider ownership accounts for 84.85%, in contrast to 12.39% institutional ownership. According to the most recent insider trade that took place on Jun 24 ’24, this organization’s 10% Owner bought 2,800 shares at the rate of 10.50, making the entire transaction reach 29,400 in total value, affecting insider ownership by 5,148. Preceding that transaction, on Dec 18 ’23, Company’s 10% Owner sold 5,000 for 10.90, making the whole transaction’s value amount to 54,500. This particular insider is now the holder of 195,000 in total.
Canna Global Acquisition Corp (NASDAQ: CNGL) Trading Performance Indicators
Let’s observe the current performance indicators for Canna Global Acquisition Corp (CNGL). It’s Quick Ratio in the last reported quarter now stands at 0.07. The Stock has managed to achieve an average true range (ATR) of 0.28.
In the same vein, CNGL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.05.
Technical Analysis of Canna Global Acquisition Corp (CNGL)
Now, what If we examine the latest scores posted by [Canna Global Acquisition Corp, CNGL]. During the last 5-days, its volume was better the volume of 80950.0 it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 29.51% While, its Average True Range was 0.35.
Raw Stochastic average of Canna Global Acquisition Corp (CNGL) in the period of the previous 100 days is set at 25.36%, which indicates a major rise in contrast to 25.36% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.42% that was higher than 16.54% volatility it exhibited in the past 100-days period.
