Jaws Mustang Acquisition Corporation (NYSE:JWSM) does about 693.45K shares in volume on a normal day but saw 1990483 shares change hands in Monday trading. The company now has a market cap of 1.31B USD. Its current market price is $10.16, marking an increase of 0.20% compared to the previous close of $10.14. The 52 week high reached by this stock is $10.15 whilst the lowest price level in 52 weeks is $9.71. The script in recent trading has seen the stock touch a high of $10.16 and a low of $10.1421.
Jaws Mustang Acquisition Corporation (JWSM) has a 20-day trading average at $10.12 and the current price is 0.10% off the 52-week high compared with 4.63% distance from its 52-week low. The 50-day simple moving average of the closing price is $10.08 and its 200-day simple moving average is $9.93. If we look at the stock’s price movements over the week, volatility stands at 0.11%, which increases to 0.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.37 to suggest the stock is overbought.
The current price level is 0.41%, 0.85%, and 2.35% away from its SMA20, SMA50, and SMA200 respectively, with the JWSM price moving above the 50-day SMA on January 23. Jaws Mustang Acquisition Corporation (JWSM) stock is up 0.20% over the week and 0.64% over the past month. Its price is 0.54% year-to-date and 4.10% over the past year.
Outstanding shares total 129.38M with insiders holding 0.00% of the shares and institutional holders owning 94.13% of the company’s common stock. The company has a return on equity of 4.20%. The price to earnings ratio (P/E ratio) amounts to 32.05. Price to book ratio is 1.32.
According to a U.S. Securities and Exchange Commission filing, Merger Fund has added its position in Jaws Mustang Acquisition Corporation (JWSM) to 1,133,136 shares, mirroring a recent increase by 134.22%. Merger Fund added 0.65 million shares of Jaws Mustang Acquisition Corporation common stock bringing its total worth to about $11.45 million at the end of recent close, SEC documents show. Merger Fund isn’t the only investment manager who changed stakes and is followed by TD Global Conservative Opportunit, which added 0.5 million shares to end up with 1,110,900 shares worth $11.23 million. First Trust Merger Arbitrage Fund raise their holdings by 1,845.03% in the company over the course of the most recent quarter. It now holds a 0.68% position in Jaws Mustang Acquisition Corporation thanks to 0.7 million shares amounting to $7.06 million.