At the last check on Friday, Churchill Capital Corp VII’s (NYSE:CVII) stock was down -$0.02, moving down -0.18 percent to $10.39. The average number of shares traded per day over the past five days has been 631,122 shares. 4 times new highs have been achieved over the past 5 days, with a $0.01 gain in that time frame. In the last twenty days, the average volume was 272,190, while in the previous 50 days, it was 139,324.
Since last month, CVII stock rose 0.69%. Shares of the company fell to $10.31 on 07/10/23, the lowest level in the past month. A 52-week high of $10.80 was reached on 07/17/23 after having rallying from a 52-week low of $9.78. Since the beginning of this year, CVII’s stock price has risen by 4.22% or $0.42, and marked a new high 58 times. However, the stock has declined by -3.79% since its 52-week high.
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Financial Health
In the recent quarter, Churchill Capital Corp VII’s quick ratio stood at 0.50, while its current ratio was 0.50, showing that the company is not able to pay off its debt.
The liabilities of Churchill Capital Corp VII were 1.47 billion at the end of its most recent quarter. The value of shareholders’ equity is $172.5 million.
Technical Picture
This quick technical analysis looks at Churchill Capital Corp VII’s (CVII) price momentum. With a historical volatility rate of 2.36%, the RSI 9-day stood at 52.10% on 03 August.
With respect to its five-day moving average, the current Churchill Capital Corp VII price is up by +0.10% percent or $0.01. At present, CVII shares trade +0.68% above its 20-day simple moving average and +3.18% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.71% above its SMA50 and +5.27% above its SMA200.
Stochastic coefficient K was 30.16% and Stochastic coefficient D was 19.80%, while ATR was 0.05. Given the Stochastic reading of 62.50% for the 14-day period, the RSI (14) reading has been calculated as 52.98%. As of today, the MACD Oscillator reading stands at 0.02, while the 14-day reading stands at 0.02.
Analyst Ratings
Churchill Capital Corp VII (CVII) has been rated – by analysts. According to 0 brokerage firms, CVII is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Churchill Capital Corp VII stock as buy, with 0 recommending it as overweight.
