As of Friday close, Hennessy Capital Investment Corp. VI’s (NASDAQ:HCVI) stock was down -$0.01, moving down -0.10 percent to $10.38. The average number of shares traded per day over the past five days has been 7,123,080 shares. 4 times new highs have been achieved over the past 5 days, with a $0.02 gain in that time frame. In the last twenty days, the average volume was 1,999,760, while in the previous 50 days, it was 930,700.
Since last month, HCVI stock rose 0.58%. Shares of the company fell to $10.32 on 08/31/23, the lowest level in the past month. A 52-week high of $10.60 was reached on 06/16/23 after having rallying from a 52-week low of $9.66. Since the beginning of this year, HCVI’s stock price has risen by 5.17% or $0.51, and marked a new high 10 times. However, the stock has declined by -2.08% since its 52-week high.
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Valuation Metrics
Right now, Hennessy Capital Investment Corp. VI (HCVI) has a P/E ratio of about 55.81. The stock’s beta is 0.05.
Financial Health
In the recent quarter, Hennessy Capital Investment Corp. VI’s quick ratio stood at 0.10, while its current ratio was 0.10, showing that the company is not able to pay off its debt.
The liabilities of Hennessy Capital Investment Corp. VI were 367.12 million at the end of its most recent quarter, and its total debt was $0.2 million. The value of shareholders’ equity is $45.46 million.
Technical Picture
This quick technical analysis looks at Hennessy Capital Investment Corp. VI’s (HCVI) price momentum. With a historical volatility rate of 1.47%, the RSI 9-day stood at 64.95% on 22 September.
With respect to its five-day moving average, the current Hennessy Capital Investment Corp. VI price is up by +0.19% percent or $0.02. At present, HCVI shares trade +0.53% above its 20-day simple moving average and +2.57% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.17% above its SMA50 and +6.46% above its SMA200.
Stochastic coefficient K was 75.93% and Stochastic coefficient D was 77.88%, while ATR was 0.02. Given the Stochastic reading of 62.50% for the 14-day period, the RSI (14) reading has been calculated as 65.37%. As of today, the MACD Oscillator reading stands at 0.02, while the 14-day reading stands at 0.02.
Analyst Ratings
Hennessy Capital Investment Corp. VI (HCVI) has been rated – by analysts. According to 0 brokerage firms, HCVI 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 Hennessy Capital Investment Corp. VI stock as buy, with 0 recommending it as overweight.
