AA Mission Acquisition (NYSE:AAM) Announces Quarterly Earnings Results

AA Mission Acquisition (NYSE:AAM) released its quarterly earnings results on Friday. The company reported $0.11 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $3.78 million during the quarter.

AA Mission Acquisition Stock Performance

Shares of AA Mission Acquisition stock opened at $10.65 on Friday. The firm’s 50 day simple moving average is $10.54 and its two-hundred day simple moving average is $10.45. AA Mission Acquisition has a 12-month low of $10.04 and a 12-month high of $10.79.

Hedge Funds Weigh In On AA Mission Acquisition

A hedge fund recently bought a new stake in AA Mission Acquisition stock. Concurrent Investment Advisors LLC purchased a new position in shares of AA Mission Acquisition Corp. (NYSE:AAM) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,500 shares of the company’s stock, valued at approximately $121,000.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of AA Mission Acquisition in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

AA Mission Acquisition Company Profile

AA Mission Acquisition Corp. engages in the acquisition and merge of companies. It was founded on February 9, 2024 and is headquartered in The Woodlands, TX.