As of Thursday, Verde Clean Fuels Inc.’s (NASDAQ:VGAS) stock closed at $6.14, down from $6.41 the previous day. While Verde Clean Fuels Inc. has underperformed by -4.21%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, VGAS fell by -38.04%, with highs and lows ranging from $21.00 to $5.91, whereas the simple moving average fell by -37.79% in the last 200 days.
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Analysis of Verde Clean Fuels Inc. (VGAS)
One of the most important indicators of Verde Clean Fuels Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. Taking into account the quick ratio of the company, currently set at 0.00, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and VGAS is recording 69.52K average volume. On a monthly basis, the volatility of the stock is set at 19.17%, whereas on a weekly basis, it is put at 10.76%, with a loss of -13.34% over the past seven days.
How Do You Analyze Verde Clean Fuels Inc. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 16.70%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 77.00% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in VGAS shares?
The recent increase in stakes in VGAS appears to be a result of several institutional investors and hedge funds increasing their positions. Karpus Management, Inc. made another decreased to its shares in VGAS during the first quarter, downing its stake by -2.51%.
VGAS shares are owned by institutional investors to the tune of 77.00% at present.
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