AleAnna Inc - Class A (NASDAQ:ANNA - Get Free Report) shot up 12.2% during mid-day trading on Friday . The company traded as high as $10.40 and last traded at $9.86. 2,990 shares were traded during trading, a decline of 80% from the average session volume of 15,245 shares. The stock had previously closed at $8.79.
AleAnna Inc - Class A Stock Performance
The stock has a market capitalization of $533.90 million, a PE ratio of -400.50 and a beta of 0.16. The company's 50-day moving average is $10.59.
AleAnna Inc - Class A (NASDAQ:ANNA - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.05) EPS for the quarter.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. NewGen Asset Management Ltd acquired a new stake in shares of AleAnna Inc - Class A during the fourth quarter valued at about $192,000. Sculptor Capital LP purchased a new position in shares of AleAnna Inc - Class A during the 4th quarter worth approximately $367,000. Farallon Capital Management LLC purchased a new position in shares of AleAnna Inc - Class A during the 4th quarter worth approximately $532,000. Polar Asset Management Partners Inc. acquired a new stake in AleAnna Inc - Class A in the 4th quarter valued at approximately $481,000. Finally, Decagon Asset Management LLP purchased a new stake in AleAnna Inc - Class A in the fourth quarter valued at approximately $3,390,000. Institutional investors and hedge funds own 38.10% of the company's stock.
About AleAnna Inc - Class A
(
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.
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