Harvard Ave Acquistion (NASDAQ:HAVA) Announces Quarterly Earnings Results

Harvard Ave Acquistion (NASDAQ:HAVA) issued its quarterly earnings data on Wednesday. The company reported $0.05 earnings per share (EPS) for the quarter, FiscalAI reports.

Harvard Ave Acquistion Stock Performance

HAVA traded up $0.01 on Wednesday, reaching $10.15. The company’s stock had a trading volume of 47,526 shares, compared to its average volume of 56,294. Harvard Ave Acquistion has a 1 year low of $9.87 and a 1 year high of $10.15. The firm has a 50 day moving average of $10.11.

Hedge Funds Weigh In On Harvard Ave Acquistion

Institutional investors have recently made changes to their positions in the business. Toronto Dominion Bank purchased a new position in shares of Harvard Ave Acquistion during the 4th quarter valued at approximately $80,000. Boothbay Fund Management LLC acquired a new stake in Harvard Ave Acquistion in the fourth quarter valued at $487,000. Berkley W R Corp bought a new position in Harvard Ave Acquistion during the 4th quarter valued at $665,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in Harvard Ave Acquistion during the 4th quarter worth $1,490,000. Finally, Westchester Capital Management LLC bought a new stake in shares of Harvard Ave Acquistion in the 4th quarter worth about $1,972,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Harvard Ave Acquistion from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Harvard Ave Acquistion currently has a consensus rating of “Sell”.

About Harvard Ave Acquistion

Harvard Ave Acquisition (NASDAQ: HAVA) is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization or similar business combination. As with other blank-check companies, its primary corporate purpose prior to completing a business combination is to identify and negotiate a qualifying transaction that will result in an operating public company.

The company’s principal activities consist of sourcing potential targets, conducting due diligence, negotiating transaction terms, and, if approved by shareholders, completing a business combination.