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Atlantic Coastal Acquisition Corp. Receives Expected Nasdaq Delisting Determination
ACCESSWIRE (Wed, 14-Feb 5:40 PM ET)
Atlantic Coastal Acquisition Corp is a blank check company.
Atlantic Coastal Acquisition Corp. - Class A trades on the NASDAQ stock market under the symbol ACAH.
As of April 25, 2024, ACAH stock price was flat at $10.45 with million shares trading.
ACAH has a market cap of $127.05 million. This is considered a Micro Cap stock.
ACAH has underperformed the market in the last year with a return of +1.0%, while the SPY ETF gained +22.5%. In the last 3 month period, ACAH fell short of the market, returning -1.5%, while SPY returned +3.1%. However, in the most recent 2 weeks ACAH has outperformed the stock market by returning 0.0%, while SPY returned -3.0%.
ACAH support price is $10.45 and resistance is $10.45 (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 ACAH stock will trade within this expected range on the day.