In the Green: Chenghe Acquisition I Co (LATG) Closes at 9.82, Up/Down 1.97 from Previous Day

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In the latest session, Chenghe Acquisition I Co (NASDAQ: LATG) closed at $9.82 up 1.97% from its previous closing price of $9.63. In other words, the price has increased by $1.97 from its previous closing price. On the day, 1.29 million shares were traded. LATG stock price reached its highest trading level at $12.63 during the session, while it also had its lowest trading level at $9.3.

Ratios:

For a deeper understanding of Chenghe Acquisition I Co’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.01 and its Current Ratio is at 0.01. In the meantime, Its Debt-to-Equity ratio is 0.04 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, LATG now has a Market Capitalization of 66623100.

Stock Price History:

Over the past 52 weeks, LATG has reached a high of $14.99, while it has fallen to a 52-week low of $9.00. The 50-Day Moving Average of the stock is -15.84%, while the 200-Day Moving Average is calculated to be -11.50%.

Shares Statistics:

For the past three months, LATG has traded an average of 38.83K shares per day and 11650 over the past ten days. A total of 5.00M shares are outstanding, with a floating share count of 3.53M. Insiders hold about 47.90% of the company’s shares, while institutions hold 52.54% stake in the company. Shares short for LATG as of 1730332800 were 552 with a Short Ratio of 0.21, compared to 1727654400 on 360. Therefore, it implies a Short% of Shares Outstanding of 552 and a Short% of Float of 0.01.

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