Shares of Cantor Equity Partners V Inc. (NASDAQ:CEPV – Get Free Report) were up 0.3% on Monday. The stock traded as high as $10.24 and last traded at $10.24. Approximately 94,506 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 67,988 shares. The stock had previously closed at $10.21.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Cantor Equity Partners V in a report on Friday, October 30th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Cantor Equity Partners V currently has a consensus rating of “Sell”.
Read Our Latest Stock Report on CEPV
Cantor Equity Partners V Stock Performance
The stock’s fifty day moving average price is $10.27 and its two-hundred day moving average price is $10.26.
Cantor Equity Partners V (NASDAQ:CEPV – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.07 earnings per share (EPS) for the quarter.
Hedge Funds Weigh In On Cantor Equity Partners V
Several hedge funds have recently made changes to their positions in the business. DLD Asset Management LP boosted its holdings in Cantor Equity Partners V by 1,085.0% in the first quarter. DLD Asset Management LP now owns 173,430 shares of the company’s stock valued at $1,752,000 after acquiring an additional 158,795 shares in the last quarter. OMERS ADMINISTRATION Corp raised its holdings in Cantor Equity Partners V by 1,402.3% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 375,583 shares of the company’s stock worth $3,793,000 after purchasing an additional 350,583 shares in the last quarter. Sculptor Capital LP raised its holdings in Cantor Equity Partners V by 16.5% in the 1st quarter. Sculptor Capital LP now owns 350,000 shares of the company’s stock worth $3,535,000 after purchasing an additional 49,500 shares in the last quarter. SkyView Investment Advisors LLC bought a new position in Cantor Equity Partners V in the 2nd quarter worth $640,000. Finally, Bank of America Corp DE purchased a new stake in shares of Cantor Equity Partners V in the 1st quarter worth about $332,000.
Cantor Equity Partners V Company Profile
Cantor Equity Partners V is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol CEPV. The company was formed to identify and combine with one or more businesses through a merger, acquisition, share exchange, or similar business combination.
As a blank-check company, Cantor Equity Partners V does not currently operate a commercial business or offer products and services to customers. Its activities are focused on evaluating potential target companies and completing a business combination, after which the resulting company may conduct an operating business.
The company is associated with Cantor Fitzgerald, a global financial services firm.
Further Reading
- Five stocks we like better than Cantor Equity Partners V
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for Cantor Equity Partners V Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantor Equity Partners V and related companies with MarketBeat.com's FREE daily email newsletter.
