VectoIQ Acquisition Corp (VTIQ) could be a great long-term investment
What’s up with VectoIQ Acquisition Corp?
VectoIQ Acquisition Corp (VTIQ) opened at $16.04, which means the stock is up 22.02% from yesterday’s closing price of 14.85. Today, the company has a high of $18.29 and a low of $15.55. The company has a market cap of $911.42 million with a 52-week high of $18.29 and a 52-week low of $9.92.
What about the future for VectoIQ Acquisition Corp?
The high forecast for VectoIQ Acquisition Corp is 30.00 while the low is 10.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. VectoIQ Acquisition Corp has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future. Based on this information VTIQ seems to be a safe buy.
About VectoIQ Acquisition Corp
VectoIQ Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on searching for prospective target businesses to acquire. The company was founded on January 23, 2018 and is headquartered in Mamaroneck, NY.