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ABG Acquisition Corp. I Announces Redemption Price of its Publicly Held Class A Ordinary Shares
PRNewswire (Mon, 27-Feb 9:25 AM ET)
ABG Acquisition Corp. I will Redeem its Publicly Held Class A Ordinary Shares
PRNewswire (Tue, 14-Feb 1:28 PM ET)
ABG Acquisition Corp I is a blank check company.
Abg Acquisition Corp. I - Class A trades on the NASDAQ stock market under the symbol ABGI.
As of March 31, 2023, ABGI stock price was flat at $10.19 with million shares trading.
ABGI has a beta of 0.01, meaning it tends to be less sensitive to market movements. ABGI has a correlation of 0.01 to the broad based SPY ETF.
ABGI has a market cap of $197.00 million. This is considered a Micro Cap stock.
ABGI has outperformed the market in the last year with a return of +4.3%, while the SPY ETF lost -9.6%. However, in the most recent history, ABGI shares have underperformed the stock market with its stock returning +1.0% in the last 3 month period and 0.0% for the last 2 week period, while SPY has returned +7.2% and +3.9%, respectively.
ABGI support price is $10.19 and resistance is $10.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABGI stock will trade within this expected range on the day.