Hennessy Capital Acquisition Corp. IV (HCAC) recent quarterly performance of 6.41% is not showing the real picture

Hennessy Capital Acquisition Corp. IV (NASDAQ: HCAC) started the day on August 10, 2020, with a price decrease of -3.05% at $10.79. During the day, the stock rose to $11.25 and sunk to $10.55 before settling in for the price of $11.13 at the close. Taking a more long-term approach, HCAC posted a 52-week range of $9.21-$12.40.

This publicly-traded company’s shares outstanding now amounts to $37.52 million, simultaneously with a float of $30.02 million. The organization now has a market capitalization sitting at $413.90 million. At the time of writing, stock’s 50-day Moving Average stood at $10.80, while the 200-day Moving Average is $10.29.

Source: https://newsdaemon.com/2020/08/11/hennessy-capital-acquisition-corp-iv-hcac-recent-quarterly-performance-of-6-41-is-not-showing-the-real-picture/

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