K Wave Media (NASDAQ:KWM – Get Free Report) released its quarterly earnings data on Saturday. The company reported ($0.92) earnings per share for the quarter, FiscalAI reports. The company had revenue of $15.70 million for the quarter.
K Wave Media Trading Down 3.7%
KWM opened at $0.27 on Friday. K Wave Media has a fifty-two week low of $0.27 and a fifty-two week high of $8.48. The company’s 50-day moving average price is $0.48 and its 200 day moving average price is $0.72.
Institutional Investors Weigh In On K Wave Media
A hedge fund recently bought a new stake in K Wave Media stock. Jane Street Group LLC purchased a new stake in K Wave Media, Ltd. (NASDAQ:KWM – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,101 shares of the company’s stock, valued at approximately $41,000. Jane Street Group LLC owned 0.42% of K Wave Media at the end of the most recent quarter. Institutional investors own 62.18% of the company’s stock.
About K Wave Media
K Wave Media engaged in the entertainment content and IP creation businesses. K Wave Media, formerly known as Global Star Acquisition Inc, is based in NEW YORK.
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