KnightSwan Acquisition Corporation (NYSE:KNSW) saw a downside of -0.05% to $10.41 after subtracting $0.0 on Tuesday. The 5-day average trading volume is 81,580 shares of the company’s common stock. It has gained $10.44 in the past week and touched a new high 3 times within the past 5 days. An average of 73,955 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 172,358.
KNSW’s 1-month performance is 0.29% or $0.01 on its low of $10.34 reached on 07/28/23. The company’s shares have touched a 52-week low of $9.87 and high of $11.52, with the stock’s rally to the 52-week high happening on 06/05/23. YTD, KNSW has achieved 2.26% or $0.23 and has reached a new high 14 times. However, the current price is down -9.64% from the 52-week high price.
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Valuation Metrics
KNSW stock has a beta of -0.03. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 1.28.
KnightSwan Acquisition Corporation’s quick ratio for the recent period was 1.50, with the current ratio over the same period at 1.50.
Earnings Surprise
Net income grew 131.65% to $1.58 million, while revenue of $1.15 million was 27.22% off the previous quarter.
Let’s look briefly at KnightSwan Acquisition Corporation (KNSW) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 21 August was 47.46% to suggest the stock is trending Neutral, with historical volatility in this time period at 2.50%.
The stock’s 5-day moving average is $10.42, reflecting a -0.29% or -$0.03 change from its current price. KNSW is currently trading +0.29% above its 20-day SMA, -0.10% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -0.86% and SMA200 by+4.36%.
Stochastic %K and %D was 61.85% and 67.94% and the average true range (ATR) pointed at 0.04. The RSI (14) points at 46.61%, while the 14-day stochastic is at 55.56% with the period’s ATR at 0.04. The stock’s 9-day MACD Oscillator is pointing at -0.01 and 0.01 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for KNSW stock have a consensus rating for the stock as -. Currently, 0 brokerage advisors rate KNSW 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.
