DWACU Company Profile and Key Details

DWACU has shown sold momentum, gaining 12.41% over the past week and 11.32% over the past quarter, though year-to-date performance is up 11.32%.

Our AI price prediction model suggests that Digital World Acquisition Corp. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -73.72%, with price expected at $16.12 by November 24, 2023, within a range of $15.12 to $17.08

Digital World Acquisition Corp. (NASDAQ:DWACU) shares are up 11.32% year-to-date Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Digital World Acquisition Corp. trading at a premium to the broader market with a P/E of -26.57.

Digital World Acquisition Corp. (NASDAQ:DWACU) closed at $61.35 USD, gaining $10.08 (19.66%) from the previous close of $51.27. The stock is currently mid-range between its 52-week high and low $13.45 and $66.00. With a market capitalization of about $1.86 billion, Digital World Acquisition Corp. is classified as a small-cap and shows higher-than-market volatility (beta ~3.55). Key stats such as the average daily volume over the past year has been around 3.36 thousand shares, trading with heavier-than-usual volume. Headquartered in Miami, FL, Digital World Acquisition Corp. operates in the Financial Services sector and the Shell Companies industry. Led by CEO Eric S. Swider, the company employs approximately 3 people and listed since September 03, 2021. Digital World Acquisition Corp. does not have significant operations.

Dividend and splits history remains an important factor for investors monitoring long-term returns.

Digital World Acquisition Corp. trades at a P/E ratio of -26.57, slightly below the S&P 500 average, with a price-to-sales ratio of 1048.31 and a price-to-book ratio of 1.68 suggesting the stock is closer to book value. The P/FCF stands at -614.32, also below market averages.