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The price of a stock is the truest depiction of a company's value and what the market anticipates about its performance. A stock's market value is critical, but the process is plagued with uncertainty, leading to investor skepticism. However, in today's economic environment, investors may learn a lot about the market expectations of their target stocks by looking at stock's performance and important indicators. Comparing their expectations to the market could help investors estimate their prospective return.
Period
High
Low
Performance
1 Week1 MonthQuarterHalf Year1 YearYTD5.2711.2511.411.411.411.42.72.72.72.72.72.7-56.24%-56.24%-55.40%-54.44%-52.76%-55.73%LBBB has a current P/E ratio of N/A
The LBBB stock has a trailing twelve month price-to sales (P/S) ratio of N/A while its price-to-book (P/B) value is N/A.
LBBB's price-to-free-cashflow (P/FCF) ratio is N/A, an indicator that is currently being trending upward.
Based on LBBB's recent bid, its distance from 20 days simple moving average is -42.8%. It is -65.58% apart from 50 days simple moving average, and it is -70.14% apart from 200 days simple moving average.
The 52-week high for LBBB is $11.55 which is -74.03% away from the current price level whereas the distance of that from the 52-week low of $2.70 stands at 11.11%.
The performance of LBBB stock was not encouraging with most of its significant price indicators in red. Lakeshore Acquisition II Corp.(NASDAQ: LBBB) shares have moved downward -40.00% or -$2.00 in the latest trading session and have lost -55.73% year-to-date (YTD). The stock has lost nearly -52.76% over the past year. After moving -55.4% over the trailing 3-month period, the stock is -54.44% lower in the 6-month period. Looking at its performance over the shorter term, it'slost -56.24% a week and -56.24% a month.
The current 14-day RSI for LBBB stock is 25.14. Investors and traders alike rely on the relative strength index, or RSI, as an oscillating indicator. In terms of values, the RSI operates within a range ranging from 0 to 100. A rising RSI line indicates strength in the shares. As the RSI line falls, the opposite occurs. It is possible to examine different time periods when using the RSI indicator. Shorter time frames can cause the RSI to be more volatile. Most traders pay close attention to the marks between 30 and 70 on the RSI scale. When the stock price moves over 70, it is often considered to be an indicator of overbought conditions. Dropping below 30 indicates oversold territory. These levels are often used by traders to forecast stock price reversals.
ATR stands for Average True Range, which may be useful when traders or investors are assessing technical inventory. Currently, Lakeshore Acquisition II Corp. (LBBB) has a 14-day ATR of 0.89.
After closing at $5.00 with 3.59M of its shares outstanding, the current enterprise value of LBBB is roughly 11.6M.
Lakeshore Acquisition II Corp. (NASDAQ: LBBB) is down -52.76% when it comes to the percentage price change over the past 52-weeks. The percentage price change came less than that of broader S&P 500 index that came at a fall of 32.86%. LBBB stock price is also down -55.73% on its value in year-to-date trading.
The number outstanding shares of LBBB is 3.59M, and of these 67.27% shares are freely available for trading. On average, LBBB stock has traded N/A shares per day for the past 10 days. A total of 136.26K shares changed hands during the last trading session with the average session volume of 28.47K shares.