Stellar V Capital Corp. (NASDAQ:SVCC – Get Free Report) shares passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $10.71 and traded as high as $11.21. Stellar V Capital shares last traded at $10.7850, with a volume of 2,122 shares changing hands.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of Stellar V Capital from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has a consensus rating of “Sell”.
Get Our Latest Stock Report on Stellar V Capital
Stellar V Capital Stock Performance
The business has a 50 day moving average of $10.71 and a two-hundred day moving average of $10.56. The firm has a market capitalization of $233.06 million, a price-to-earnings ratio of 46.89 and a beta of 0.03.
Stellar V Capital (NASDAQ:SVCC – Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The company reported $0.04 EPS for the quarter.
Hedge Funds Weigh In On Stellar V Capital
A hedge fund recently bought a new position in Stellar V Capital stock. Sona Asset Management US LLC purchased a new stake in Stellar V Capital Corp. (NASDAQ:SVCC – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 322,958 shares of the company’s stock, valued at approximately $3,375,000. Sona Asset Management US LLC owned 1.49% of Stellar V Capital at the end of the most recent quarter.
Stellar V Capital Company Profile
Stellar V Capital Corp. is a special purpose acquisition company (SPAC) formed to pursue a business combination with an operating company. Its potential transaction could take the form of a merger, share exchange, asset acquisition, reorganization or similar combination.
As a SPAC, Stellar V Capital does not operate a conventional product or service business. Its activities are focused on raising capital, identifying a suitable acquisition target and completing an initial business combination.
Publicly available information does not provide sufficient detail about a completed transaction, specific target industry or operating geography.
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