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AleAnna (NASDAQ:ANNA) Posts Earnings Results

AleAnna logo with Medical background

Key Points

  • AleAnna (NASDAQ:ANNA) reported a quarterly earnings per share of $0.01, with shares trading down 1.4% to $4.24 on the announcement day.
  • The company's stock is significantly lower than its 52-week high of $18.70, reflecting a price-to-earnings ratio of -212.00 and recent trading trends.
  • Goldman Sachs Group Inc. acquired approximately 12,453 shares of AleAnna, indicating continued interest from institutional investors who hold 38.10% of the company's shares.
  • Five stocks to consider instead of AleAnna.

AleAnna (NASDAQ:ANNA - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.01 earnings per share for the quarter, Zacks reports. The company had revenue of $4.03 million for the quarter.

AleAnna Stock Performance

ANNA stock traded down $0.13 during trading on Tuesday, hitting $4.10. 1,463 shares of the company traded hands, compared to its average volume of 18,846. The stock's 50-day simple moving average is $5.83 and its 200 day simple moving average is $8.06. The company has a debt-to-equity ratio of 0.03, a current ratio of 13.55 and a quick ratio of 13.55. The company has a market cap of $273.27 million, a PE ratio of -205.00 and a beta of 0.02. AleAnna has a 1 year low of $4.07 and a 1 year high of $18.70.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AleAnna stock. Keel Point LLC acquired a new stake in AleAnna Inc. (NASDAQ:ANNA - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,956 shares of the company's stock, valued at approximately $79,000. Hedge funds and other institutional investors own 38.10% of the company's stock.

About AleAnna

(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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