Home Insider News Insider Selling: Crescent Acquisition Corp. 10% Sells 5,000 Shares Worth $53,400

Insider Selling: Crescent Acquisition Corp. [CRSA] 10% Sells 5,000 Shares Worth $53,400

On Jan. 05, Glazer Capital, LLC divested U.S. $53,400 in shares of Crescent Acquisition Corp.. The 10% sold 5,000 shares at a price per share of $10.68. The transaction decreased this specific insider’s holdings to 3,452,971 shares worth around $36.08 million at present.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Is Crescent Acquisition Corp. [NASDAQ:CRSA] a Good Buy Right Now?

It should be noted that CRSA technical indicators for short, intermediate as well as long term progress have placed an overall average of 100% as Buy. The average signal changed from 100% Buy in the last week and compares with 64% Buy in the past month. Data from Crescent Acquisition Corp.’s Trend Spotter indicated that the signals were Weakening. The stock current average is 0.13 million shares in the past 20 days and the short term average signal indicates a 100% Buy. In the last 50 days, the average trading volume was 95732.0 shares while the medium term average advocated for 100% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 0.14 million shares.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


CRSA Price Performance

On Wall Street, Crescent Acquisition Corp. [NASDAQ:CRSA] finished Thursday’s session up 0.29% at $10.45. The stock went up to $10.50 at the same session while its lowest single day price was $10.4171. In the last five days, it saw a fall of about -0.29%, Crescent Acquisition Corp. shares dropped by almost 0.00% since the beginning of the year. However, the share price has dropped to as low as -20.29% below its one year high. On 01/05/21, the company shares recorded $10.68, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/06/21, the same year at $10.36. The company’s shares have inclined by 5.56% in the past year. The 50-day SMA achieved is $10.24 while the 200-day SMA is $10.11. Volume gained to 49357.0 from 44700.0 in the previous session.

Crescent Acquisition Corp. [CRSA] Valuation Measures

Notably, Crescent Acquisition Corp. [CRSA] stock cannot be classified as a good candidate in the listing of underestimated low-priced Shell Companies companies to purchase soonest possible with the prevailing 12-month PE ratio of 803.85. The measure means the stock is exchanging at a premium as compared to the 29.01x trailing earnings of the industry.

CRSA Stock Support And Resistance Levels

On the 24-hour scale, the immediate backing is perceived around 10.41 level, and in case of violation of this particular level, it will cause more drop to 10.37 level. On the upper level, 10.54 is still the key resistance. The stock may increase to the subsequent resistance at 10.49. The Relative Strength Index (RSI) pinned on the 14-day chart is 55.37, implying a neutral technical stance while the MACD stands at -0.01, meaning price will decrease in the next trading period. Percent R indicator moved to 54.76%, implying low price movement. Stochastic %K at 47.78% suggest holding the stock.

What is the short interest in Crescent Acquisition Corp.?

Short interest in the Crescent Acquisition Corp. stock has plunged, decreasing by 15360.0 shares to total 0.27 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 0.26 million, data from Yahoo Finance shows. The increase of 5.63% suggests the stock saw some increased bearish sentiment. The stock’s days to cover (short ratio) moved to while the shorted shares account for just 1.27% of the overall float for the stock.

Crescent Acquisition Corp.’s Biggest Shareholders: Who Owns Crescent Acquisition Corp. [CRSA]?

Filings by Glazer Capital LLC showed that the firm now holds a total of 3,457,971 shares or roughly 13.83% of the outstanding CRSA shares. This means their shares have reduced by -15,000 from the 3,457,971 the investor reportedly held in its prior 13-F filing. With the conclusion of the sale, Polar Asset Management Partners, updated stake is worth $20,797,700. Details in the latest 13F filings reveal that Magnetar Financial LLC disposed off their 0.00% stake valued at $19,283,096 while Periscope Capital, Inc. added theirs at $15,126,070. During the last quarter, Magnetar Financial LLC liquidated 0 of its shares in Crescent Acquisition Corp. while Periscope Capital, Inc. bought 608,500 shares. The Basso Capital Management LP’s holdings currently number 1,367,814 shares at $14293656.3. According to the firm’s last 13F report, W.R. Berkley Corp. shares in the company at filing stood at 1,187,179 shares, roughly $12,132,969.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

What Has Been Raising The Soleno (SLNO) Stock Up Before Market Open?

In recent premarket trading, Soleno Therapeutics Inc. (SLNO) has soared 3.77% at $1.10 per share. The Soleno stock closed at $1.06 yesterday, down -6.19%. Get...

Stealth BioTherapeutics Corp (MITO) Stock Going Down in PreMarket, Here’s What You Should Know

Stealth BioTherapeutics Corp (MITO) stock prices were up by a colossal 35% as of the market closing on May 6th, 2021, bringing the price...

Why Ocugen, Inc. (OCGN) stock is popping high today?

Shares of Ocugen, Inc. (OCGN) stock were popping high today on May 7, 2021, ahead of today’s earnings report.OCGN stock price saw a surge...

What Is Driving The Powerbridge (PBTS) Stock Higher In Premarket session?

At the last check, Powerbridge Technologies Co. Ltd. (NASDAQ: PBTS) shares were rising 10.71% to trade at $1.55 in premarket trades. The Powerbridge stock...

Beyond Meat, Inc. (BYND) Stock Trending Down After Management’s Uncertainty Over Fiscal Year Guidelines

Beyond Meat, Inc. (BYND) stock prices were down by 2.08% as of the market closing on May 6th, 2021, bringing the price per share...

Regional Health Properties, Inc. (RHE) Stock Skyrockets Following Trading of Exponential Volume of Shares

Regional Health Properties, Inc. (RHE) stock prices soared by 31.4% during early market hours on May 7th 2021, bringing the price per share up...

Orphazyme A/S (ORPH) Stock Plummeting After Failure of ORAIALS-01 Trial Announced

Orphazyme A/S (ORPH) stock prices plummeted by 27.77%  after the market opened on May 7th, 2021, bringing the price per share tumbling down to...

Avalon Holdings Corporation (NYSE:AWX) stock surged in the current trading session; here’s why

At last check, in the current trading session, AWX stock surged by 22.58% to $5.08. AWX stock previously closed the session at $4.14. The...

Related News

The Aqua Metals (AQMS) Stock Is An Pre-Market Upsurge of 13% For What Reason?

The metal recycling firm Aqua Metals, Inc. (NASDAQ: AQMS) is on an uptick today in premarket session. As of 09:08 a.m. EST, the stock...

Insider Selling Report: Nu Skin Enterprises Inc. [NUS]’s Pres, Napierski Ryan S, Sells 4,844 Shares

On Jan. 07, Napierski Ryan S divested U.S. $286,038 in shares of Nu Skin Enterprises Inc.. The Pres sold 4,844 shares at a price...

Insider Alert: Harmonic Inc. [HLIT]’s SVP, Video R, D, Haltmayer Neven, Makes A $117,240 Sell

On Jan. 06, Haltmayer Neven divested U.S. $117,240 in shares of Harmonic Inc.. The SVP, Video R, D sold 15,632 shares at a price...

ACM Research Inc. [ACMR] Sees 2,000 Share Insider Sell From Dir Liu Tracy

On Jan. 06, Liu Tracy divested U.S. $200,000 in shares of ACM Research Inc.. The Dir sold 2,000 shares at a price per share...

Insider Selling: MasTec Inc. [MTZ] CFO Sells 30,027 Shares Worth $2,404,436

On Jan. 07, Pita George divested U.S. $2,404,436 in shares of MasTec Inc.. The CFO sold 30,027 shares at a price per share of...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.