How much is a CLII stock worth?
One share of CLII stock can currently be purchased for approximately $9.98. How much money does Climate Change Crisis Real Impact I Acquisition make? Climate Change Crisis Real Impact I Acquisition has a market capitalization of $229.54 million.
How many clii shares were sold short on June 23?
According to Fintel, on June 23, around 287,669 CLII shares were sold short, which represents almost 30 percent of volumes that day. On June 22, about 94,269 CLII shares were sold short.
Is CLII SPAC stock still a buy at $15?
At about $15.50 per share now, CLII SPAC stock has risen more than 50 percent over its listing price. It has been sporting a 16 percent gain since it announced the EVgo merger deal. The stock has traded between a low of $9.75 and a high of $24.34 since its debut. Now, CLII SPAC stock trades about 36 percent below its recent peak.
What price target do analysts set for CLII?
What price target have analysts set for CLII? 1 analysts have issued twelve-month price targets for Climate Change Crisis Real Impact I Acquisition's stock. Their forecasts range from $21.00 to $21.00. On average, they expect Climate Change Crisis Real Impact I Acquisition's share price to reach $21.00 in the next twelve months.
What is CLII stock now?
One share of CLII stock can currently be purchased for approximately $9.78.
Why has EVgo stock dropped?
Stock in electric vehicle charging company EVgo is down after the company reported better- than-expected fourth-quarter sales.
Is EVgo a good investment?
In short, EVgo is progressing well and has immense growth potential, considering the increase in EVs and the rising demand for charging infrastructure. However, the stock is suitable only for investors with a high appetite for risk.
Is EVgo a buy or sell?
Today EVGO ranks #19459 as sell candidate.
Is Climate Change Crisis Real Impact I Acquisition a buy right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Climate Change Crisis Real Impact I Acquisition in the last twelv...
What price target have analysts set for CLII?
1 Wall Street analysts have issued 12-month price targets for Climate Change Crisis Real Impact I Acquisition's shares. Their forecasts range from...
Who are Climate Change Crisis Real Impact I Acquisition's key executives?
Climate Change Crisis Real Impact I Acquisition's management team includes the following people: Mr. David W. Crane , CEO & Director (Age 62) Mr...
Who are some of Climate Change Crisis Real Impact I Acquisition's key competitors?
Some companies that are related to Climate Change Crisis Real Impact I Acquisition include Standard Motor Products (SMP) , American Axle & Manufa...
What is Climate Change Crisis Real Impact I Acquisition's stock symbol?
Climate Change Crisis Real Impact I Acquisition trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLII."
What is Climate Change Crisis Real Impact I Acquisition's stock price today?
One share of CLII stock can currently be purchased for approximately $9.15.
How much money does Climate Change Crisis Real Impact I Acquisition make?
Climate Change Crisis Real Impact I Acquisition has a market capitalization of $210.45 million.
What is Climate Change Crisis Real Impact I Acquisition's official website?
The official website for Climate Change Crisis Real Impact I Acquisition is www.climaterealimpactsolutions.com .
How can I contact Climate Change Crisis Real Impact I Acquisition?
The company can be reached via phone at 212-847-0360 or via email at 0 .
Signals & Forecast
The Climate Change Crisis Real Impact I stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Support, Risk & Stop-loss
Climate Change Crisis Real Impact I finds support from accumulated volume at $9.98 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is Climate Change Crisis Real Impact I Acquisition Corporation stock A Buy?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.
Insiders are very negative
In the last 1 trades there were . The last trade was done 19 046 days ago by who bough 0 shares.
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Top Fintech Company
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
About this SPAC
Climate Change Crisis Real Impact I Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by David W. Crane, John A.
Rating
What analysts on recommend for this stock, on a scale from 1 (buy) to 5 (sell).
Why CLII stock is falling
CLII stock is trading almost 40 percent lower than its high of $21.2, which it reached on Feb. 5. However, CLII isn't alone in the sell-off. The decline in the stock is part of the broader sell-off in stocks as investors rethink their positions due to changing macroeconomic conditions where inflation is expected to go up.
EVgo and GM partnership
Legacy automakers, including General Motors, are trying to reinvent themselves in the changing auto world where the future is clearly EV. The company intends to only sell zero-emission vehicles by 2035. This is part of the automaker’s bigger aspiration to be carbon neutral by 2040.
CLII SPAC's stock forecast
Like all of the other SPACs, CLII’s forecast depends on the merger target, which is EVgo in this case. EVgo has set up more than 800 chargers across 34 states with many more to go.
CLII SPAC stock is a buy with some risks
While CLII SPAC is off its recent highs, based on its valuation multiple, EVgo still looks expensive compared to its peers. EVgo has one of the largest fast-charging networks in the U.S. Granted, EVgo is currently in a high-growth phase and its revenue is expected to grow at a 152 percent CAGR for 2021–2024.
CLII stock is rising
CLII stock gained almost 6 percent on June 23 and was trading sharply higher in the pre-market on June 24. The stock is rising after Roth Capital analyst Craig Irwin initiated coverage on CLII stock with a buy recommendation and target price of $21.
The CLII-EVgo expected merger date
Voting on the proposed deal is expected to take place on June 29 at 10:00 a.m. ET. The business combination is expected to close on or around July 1. EVgo stock will trade on the Nasdaq under a new ticker symbol “EVGO.”
CLII stock is expected to go up more
The short interest in CLII stock has increased. According to Fintel, on June 23, around 287,669 CLII shares were sold short, which represents almost 30 percent of volumes that day. On June 22, about 94,269 CLII shares were sold short.
How high can CLII stock go before the EVgo merger?
It’s difficult to predict how high CLII stock can go before the EVgo merger date because the share price is driven by investor sentiments and short squeezes. The retail investors on social media platforms think that CLII stock can reach $20 before the merger, which represents 35 percent growth from the current price.
CLII-EVgo merger date
The CLII SPAC and EVgo announced their merger agreement on Jan. 22. They aim to close the transaction by the end of June 2021. The blank-check company raised $230 million in its September 2020 IPO. It raised an additional $400 million through PIPE transactions, which drew institutional investors like BlackRock, Pimco, and Wellington Management.
EVgo versus Chargepoint
Chargepoint is Evgo’s major competitor. The others are Blink Charging (BLNK), and Beam Global (BEEM). Chargepoint also went public through a SPAC deal. Its post-merger stock started trading on Mar. 1 and fell by more than 7 percent on its first trading day.
Outlook for EV charging stocks
As more electric cars come to market and drivers seek convenient ways to top up on the go, the demand for public EV charging will continue to rise. Easy access to fast charging is going to be central to the broader adoption of electric cars.
CLII SPAC looks like a good buy
EVgo chargers are built to work for electric cars from any manufacturer. With Tesla charging stations only serving Tesla drivers, public charging provider EVgo has a huge market to serve. EVgo chargers are strategically located on city streets, in store parking lots, and outside office buildings.