Ares Acquisition Corporation II (NYSE:AACT) price is hovering lower on current market day and dropping -0.04% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $11.28, with intraday deals fluctuating between $11.2616 and $11.28. The company’s P/E ratio in the trailing 12-month period read 31.20. Taking into account the 52-week price action we note that the stock hit a 52-week high of $11.29 and 52-week low of $10.62. The stock added 0.40% on its value in the past month.
Ares Acquisition Corporation II, which has a market valuation of $697.47 million, is expected to release its quarterly earnings report in June.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give AACT a short term outlook of 75% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
The overview shows that AACT’s price is at present 0.07% off the SMA20 and 0.58% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 58.75, with weekly volatility standing at 0.22%. The indicator jumps to 0.22% when calculated based on the past 30 days. Ares Acquisition Corporation II (NYSE:AACT)’s beta value is holding at -0.01, while the average true range (ATR) indicator is currently reading 0.03.
An analysis of the Ares Acquisition Corporation II (NYSE:AACT) stock in terms of its daily trading volume indicates that the 3-month average is 954.80K. However, this figure increases on the past 10-day timeline to an average of 0.66 million.
Current records show that the company has 50.00M in outstanding shares. The insiders’ percentage holdings are 25.00% of outstanding shares while the percentage share held by institutions stands at 79.66%. The stats also highlight that short interest as of 2025-04-30, stood at 72049.0 shares, which puts the short ratio at the time at 0.05. From this we can glean that short interest is 13.00 of company’s current outstanding shares. Notably, we see that shares short in April rose slightly given the previous month’s figure stood at 11476.0. But the 2.69% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.