Home  »  Companies   »  Is Deep Lake Capital Acquisition Corp. (NASDAQ: DL...

Is Deep Lake Capital Acquisition Corp. (NASDAQ: DLCA) Still Hot This Week?

Deep Lake Capital Acquisition Corp. (NASDAQ:DLCA) traded at $10.05 at last check on Wednesday, November 23, made a downward move of -0.30% on its previous day’s price.

Looking at the stock we see that its previous close was $10.08 with the day’s price range being $10.04 – $10.08. The company has a trailing 12-month PE ratio of 20.08. In terms of its 52-week price range, DLCA has a high of $10.35 and a low of $9.69. The company’s stock has gained about 0.95% over that past 30 days.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored

Deep Lake Capital Acquisition Corp. has a market cap of $260.37 million.

There have been no upward and no 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 DLCA 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.

Looking further, we note the current price level is 0.38% off its SMA20 and 0.76% from its 50-day simple moving average. The RSI (14) is pointing at 64.78 while the volatility over the past week is 0.26% and jumps to 0.14% over the past one month.

Coming back to Deep Lake Capital Acquisition Corp. (NASDAQ:DLCA), we note that the average 3-month trading volume was 87.14K, while that of the preceding 10-day period stands at 0.16 million. Current shares outstanding are 25.88 million.

The insiders hold 0.24% of the company’s shares while institutions hold 96.40%. The data shows that short shares as of Oct 30, 2022, stood at 6080.0 at a short ratio of 0.39. This represents a 0.02% short interest in shares outstanding on Oct 30, 2022. Shares short fall in October from the previous month at 7310.0. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 3.07% up in year-to-date price movement.

Leave a Comment

Your email address will not be published. Required fields are marked *

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]