Market Watch Highlights: AltC Acquisition Corp (ALCC) Ends on an Upturn Note at 14.95

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As of close of business last night, AltC Acquisition Corp’s stock clocked out at $14.95, up 0.81% from its previous closing price of $14.83. In other words, the price has increased by $0.81 from its previous closing price. On the day, 3.11 million shares were traded. ALCC stock price reached its highest trading level at $15.79 during the session, while it also had its lowest trading level at $14.01.

Ratios:

To gain a deeper understanding of ALCC’s stock, we examine its different ratios. 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 639181248 and an Enterprise Value of 642724096. As of this moment, AltC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 74.79.

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 $10.24. The 50-Day Moving Average of the stock is 24.43%, while the 200-Day Moving Average is calculated to be 37.94%.

Shares Statistics:

It appears that ALCC traded 740.83K shares on average per day over the past three months and 1419530 shares per day over the past ten days. A total of 30.60M shares are outstanding, with a floating share count of 29.15M. Insiders hold about 32.37% of the company’s shares, while institutions hold 60.30% stake in the company. Shares short for ALCC as of 1713139200 were 120308 with a Short Ratio of 0.16, compared to 1710460800 on 10779. Therefore, it implies a Short% of Shares Outstanding of 120308 and a Short% of Float of 0.41000000000000003.

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