Gigcapital2 Inc Shares Approach 52-Week Low - Market Mover

The shares closed 1.1% above its 52-week low of $9.95, with trading volume lower than its 30 day average

Apr 07, 2021 by Kwhen Finance Editors

Gigcapital2 Inc Shares Approach 52-Week Low - Market Mover
Gigcapital2 Inc shares closed today at 1.1% above its 52 week low of $9.95, giving the company a market cap of $199M. The stock is currently down 8.1% year-to-date, up 1.1% over the past 12 months, and up 3.9% over the past five years. This week, the Dow Jones Industrial Average rose 1.9%, and the S&P 500 rose 2.7%.

Trading Activity

  • Trading volume this week was 68.7% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 0.1% higher than its 5-day moving average, 0.2% higher than its 20-day moving average, and 3.1% lower than its 90-day moving average.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Gigcapital2 Inc0.1-8.11.1-17.11.0
Dow Jones Industrial Average0.811.045.3-0.749.9
S&P 500 Index0.710.450.3-0.852.9
Financials0.616.143.2-0.164.7

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