Tortoise Acquisition Corp. (NYSE:SHLL) traded at $27.67 at last check on Tuesday, Jun 30, making a downturn move of -13.1% on its previous day’s price.
Looking at the stock we see that its previous close was $31.84 with the day’s price range being $26.50 – 30.82. The company has a 12-month trailing PE ratio of 340.72. In terms of its 52-week price range, SHLL has a high of $34.67 and a low of $9.5. The company’s stock has gained about 218.4% over that past 30 days.
There have been no upward or downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the SHLL stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Based on estimates by 0 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Tortoise Acquisition Corp. (SHLL) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of 0 and investors could take advantage and scoop up stock of the company.
Coming back to Tortoise Acquisition Corp. (NYSE:SHLL), we note that the average 3-month trading volume was 2.25 Million, while that of the preceding 10-day period stands at 20.33 Million. Current shares outstanding are 23.3 Million.
According to data from Thomson Reuters, insiders hold 0% of the company’s shares while institutions hold 77.09%. The data shows that short shares as of June 14, 2020, stood at 21.29 Million at a short ratio of 0.24. This represents a 0.09% Short interest in Shares outstanding on June 14, 2020. Shares short dropped in June from the previous month at 21.29 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +218.72% up in year-to-date price movement.