The closing price of AltC Acquisition Corp (NYSE: ALCC) was $13.17 for the day, down -6.99% from the previous closing price of $14.16. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 1755079 shares were traded. ALCC stock price reached its highest trading level at $14.09 during the session, while it also had its lowest trading level at $12.95.
Ratios:
Our analysis of ALCC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.59. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALCC now has a Market Capitalization of 610.30M and an Enterprise Value of 608.67M. As of this moment, AltC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 65.88.
Stock Price History:
Over the past 52 weeks, ALCC has reached a high of $17.49, while it has fallen to a 52-week low of $10.10. The 50-Day Moving Average of the stock is 11.15, while the 200-Day Moving Average is calculated to be 10.59.
Shares Statistics:
ALCC traded an average of 461.07K shares per day over the past three months and 1.98M shares per day over the past ten days. A total of 30.60M shares are outstanding, with a floating share count of 28.75M. Insiders hold about 33.29% of the company’s shares, while institutions hold 60.95% stake in the company. Shares short for ALCC as of Mar 28, 2024 were 106.47k with a Short Ratio of 0.23, compared to 19.26k on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.25% and a Short% of Float of 0.37%.
