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AltEnergy Acquisition Corp is a blank check company.
Altenergy Acquisition Corp. - Class A trades on the NASDAQ stock market under the symbol AEAE.
As of May 13, 2024, AEAE stock price declined to $11.30 with 20,521 million shares trading.
AEAE has a market cap of $82.80 million. This is considered a Micro Cap stock.
AEAE has underperformed the market in the last year with a price return of +9.4% while the SPY ETF gained +27.7%. AEAE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.6% and +0.9%, respectively, while the SPY returned +4.2% and +2.4%, respectively.
AEAE support price is $11.37 and resistance is $11.59 (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 AEAE stock will trade within this expected range on the day.