Americas Technology Acquisition (NYSEARCA:ATA) Shares Pass Above Two Hundred Day Moving Average of $10.59

Americas Technology Acquisition Corp. (NYSEARCA:ATA)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.59 and traded as high as $10.59. Americas Technology Acquisition shares last traded at $10.59, with a volume of 200 shares traded.

Americas Technology Acquisition Stock Performance

The stock’s 50 day moving average price is $10.59 and its two-hundred day moving average price is $10.59.

Institutional Investors Weigh In On Americas Technology Acquisition

An institutional investor recently raised its position in Americas Technology Acquisition stock. Hsbc Holdings PLC boosted its holdings in Americas Technology Acquisition Corp. (NYSEARCA:ATA) by 4.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 562,426 shares of the company’s stock after acquiring an additional 26,000 shares during the period. Hsbc Holdings PLC owned 3.88% of Americas Technology Acquisition worth $5,754,000 as of its most recent filing with the Securities and Exchange Commission. 55.60% of the stock is owned by institutional investors.

Americas Technology Acquisition Company Profile

Americas Technology Acquisition Corp. does not have significant operations. It intends to acquire assets and businesses through a merger, share exchange, share purchase, recapitalization, reorganization, or similar business combination in the technology, media, and telecommunications sector. The company was incorporated in 2020 and is based in Dallas, Texas.