Shares of GigCapital3 Inc. (GIK) Rise Above Previous 52-Week High

January 21, 2021 12:07:36

GigCapital3 Inc. (NYSE:GIK) traded at a new 52-week high today of $17.36. Approximately 3.3 million shares have changed hands today, as compared to an average 30-day volume of 3.5 million shares.

GigCapital3 Inc is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.

In the past 52 weeks, GigCapital3 Inc. share prices are bracketed by a low of $9.79 and a high of $17.36 and is now at $16.62, 70% above that low price.

GigCapital3 Inc. has overhead space with shares priced $16.62, or 0.8% below the average consensus analyst price target of $16.75.

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