Oaktree Acquisition Corp. III Life Sciences (OACC) Is Worth A Look Now, Despite -6.91% Loss From High

Taking a look at stock we notice that its last check on previous day was $10.10 with its price kept floating in the range of $10.1 and $10.1 on the day. Considering stock’s 52-week price range provides that OACC hit a high price of $10.85 and saw its price falling to a low level of $9.95 during that period. Over a period of past 1-month, stock came subtracting -0.10% in its value.

With its current market valuation of $248.26 million, Oaktree Acquisition Corp. III Life Sciences is set to declare its quarterly results in May. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.

Digging deeper we become aware of the PEG ratio of the OACC stock which is currently positioned at 0. It further provides that stock’s current price level is -0.47% away from its 20-day simple moving average and is 0.16% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 47.13 while volatility remained at 0.64% over the past week which changes to 1.08% when measuring it over the past month. Average true range or ATR is currently at 0.07.

Having a second look at Oaktree Acquisition Corp. III Life Sciences (NASDAQ:OACC) provides that stock’s average daily trading volume for 3 months was 87.76K, while it jumped to 12380 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 19.78 million.

The percentage of outstanding shares held by the insiders is 19.52% while it is 48.03% for the institutional holders. The figures also indicate that as of 2025-03-31, number of stock’s short shares was 3782.0 which implies a short ratio of 0.06. This shows up a 2.00 of Short Interest in company’s outstanding shares on the day. In March the standing of shares short improved as it was 2173.0 in the previous month. Addition of 1.41% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.

Most Popular