AleAnna Inc - Class A (NASDAQ:ANNA - Get Free Report)'s share price dropped 8% during mid-day trading on Monday . The company traded as low as $8.02 and last traded at $8.17. Approximately 3,221 shares traded hands during trading, a decline of 79% from the average daily volume of 15,157 shares. The stock had previously closed at $8.88.
AleAnna Inc - Class A Price Performance
The stock has a fifty day moving average price of $10.54. The company has a market cap of $490.57 million, a price-to-earnings ratio of -368.00 and a beta of 0.16.
AleAnna Inc - Class A (NASDAQ:ANNA - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported ($0.05) earnings per share for the quarter.
Hedge Funds Weigh In On AleAnna Inc - Class A
Large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. bought a new position in AleAnna Inc - Class A during the 1st quarter valued at approximately $94,000. Polar Asset Management Partners Inc. bought a new position in shares of AleAnna Inc - Class A during the fourth quarter valued at $481,000. Sculptor Capital LP bought a new position in AleAnna Inc - Class A in the 4th quarter worth about $367,000. Farallon Capital Management LLC bought a new position in AleAnna Inc - Class A in the 4th quarter worth about $532,000. Finally, NewGen Asset Management Ltd purchased a new stake in AleAnna Inc - Class A during the 4th quarter valued at about $192,000. 38.10% of the stock is currently owned by hedge funds and other institutional investors.
AleAnna Inc - Class A Company Profile
(
Get Free Report)
AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy's natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.
See Also
Before you consider AleAnna, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AleAnna wasn't on the list.
While AleAnna currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
