Colombier Acquisition Corp. II (NYSE:CLBR) price on Wednesday, May 21, rose 2.73% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $13.56.
A look at the stock’s price movement, the close in the last trading session was $13.20, moving within a range at $13.0 and $13.909. The PE ratio in trailing twelve months stood at 71.14. Turning to its 52-week performance, $13.78 and $10.15 were the 52-week high and 52-week low respectively. Overall, CLBR moved 26.02% over the past month.
Colombier Acquisition Corp. II’s market cap currently stands at around $288.15 million, with investors looking forward to this quarter’s earnings report slated for in June.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CLBR is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
CLBR’s current price about 6.40% and 17.64% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 66.57, while 7-day volatility ratio is 4.29% and 5.86% in the 30-day chart. Further, Colombier Acquisition Corp. II (CLBR) has a beta value of -0.13, and an average true range (ATR) of 0.57.
If we refocus on Colombier Acquisition Corp. II (NYSE:CLBR), historical trading data shows that trading volumes averaged 0.77 over the past 10 days and 667.42K over the past 3 months. The company’s latest data on shares outstanding shows there are 17.00 million shares.
The 20.00% of Colombier Acquisition Corp. II’s shares are in the hands of company insiders while institutional holders own 69.39% of the company’s shares. Current price change has pushed the stock 15.40% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CLBR stock continues to rise going into the next quarter.
