Kensington Capital Acquisition Corp. V (NYSE:KCGI) saw an upside of 0.19% to $10.64 after adding $0.02 on Wednesday. The 5-day average trading volume is 327,209 shares of the company’s common stock. It has gained $10.67 in the past week and touched a new high 1 time within the past 5 days. An average of 325,107 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 188,749.
KCGI’s 1-month performance is 0.57% or $0.08 on its low of $10.58 reached on 07/12/23. The company’s shares have touched a 52-week low of $9.91 and high of $10.67, with the stock’s rally to the 52-week high happening on 08/03/23. YTD, KCGI has achieved 4.36% or $0.45 and has reached a new high 48 times. However, the current price is down -0.28% from the 52-week high price.
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Valuation Metrics
KCGI stock has a beta of 0.04. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 1.37.
Kensington Capital Acquisition Corp. V’s quick ratio for the recent period was 0.80, with the current ratio over the same period at 0.80.
Earnings Surprise
Net income grew 906.49% to -$1.54 million, while revenue of $1.52 million was 198.7% off the previous quarter.
Let’s look briefly at Kensington Capital Acquisition Corp. V (KCGI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 62.91% to suggest the stock is trending Neutral, with historical volatility in this time period at 2.42%.
The stock’s 5-day moving average is $10.64, reflecting a -0.09% or -$0.01 change from its current price. KCGI is currently trading +0.57% above its 20-day SMA, +2.60% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +1.48% and SMA200 by+6.71%.
Stochastic %K and %D was 54.17% and 54.17% and the average true range (ATR) pointed at 0.02. The RSI (14) points at 63.86%, while the 14-day stochastic is at 75.00% with the period’s ATR at 0.02. The stock’s 9-day MACD Oscillator is pointing at -0.01 and 0.00 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for KCGI stock have a consensus rating for the stock as -. Currently, 0 brokerage advisors rate KCGI as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
