Tavia Acquisition (NASDAQ:TAVI) Issues Quarterly Earnings Results

Tavia Acquisition (NASDAQ:TAVI) issued its quarterly earnings results on Friday. The company reported ($0.01) earnings per share for the quarter, FiscalAI reports.

Tavia Acquisition Stock Down 0.0%

Tavia Acquisition stock traded down $0.00 during mid-day trading on Friday, hitting $10.87. The company’s stock had a trading volume of 36,232 shares, compared to its average volume of 3,709. Tavia Acquisition has a 52-week low of $10.39 and a 52-week high of $11.91. The firm’s 50 day moving average is $10.80 and its 200 day moving average is $10.67.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Tavia Acquisition from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Tavia Acquisition presently has an average rating of “Sell”.

Hedge Funds Weigh In On Tavia Acquisition

A hedge fund recently bought a new position in Tavia Acquisition stock. Sona Asset Management US LLC acquired a new stake in shares of Tavia Acquisition Corp. (NASDAQ:TAVI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 100,000 shares of the company’s stock, valued at approximately $1,056,000. Sona Asset Management US LLC owned about 0.87% of Tavia Acquisition at the end of the most recent quarter.

Tavia Acquisition Company Profile

Tavia Acquisition Corp. is a special purpose acquisition company, or blank-check company. It was formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a SPAC, Tavia does not have an established operating business or a portfolio of products and services. Its activities center on identifying and evaluating a potential business combination. Information about a completed transaction, operating markets or the company’s leadership is not included here because it could not be confirmed reliably.