Shares of AleAnna Inc. (NASDAQ:ANNA - Get Free Report) rose 7.4% during trading on Wednesday . The stock traded as high as $9.00 and last traded at $7.80. Approximately 55,769 shares changed hands during mid-day trading, an increase of 282% from the average daily volume of 14,593 shares. The stock had previously closed at $7.26.
AleAnna Price Performance
The company has a quick ratio of 13.55, a current ratio of 13.55 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average price of $10.11. The stock has a market cap of $483.21 million, a price-to-earnings ratio of -362.50 and a beta of 0.16.
AleAnna (NASDAQ:ANNA - Get Free Report) last announced its earnings results on Thursday, May 15th. The company reported ($0.05) earnings per share for the quarter.
Institutional Investors Weigh In On AleAnna
Large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. bought a new stake in AleAnna in the first quarter worth about $94,000. Polar Asset Management Partners Inc. bought a new position in AleAnna during the fourth quarter valued at $481,000. Sculptor Capital LP bought a new position in AleAnna during the fourth quarter valued at $367,000. Farallon Capital Management LLC purchased a new stake in AleAnna in the fourth quarter worth $532,000. Finally, NewGen Asset Management Ltd bought a new stake in shares of AleAnna in the fourth quarter valued at $192,000. 38.10% of the stock is owned by hedge funds and other institutional investors.
AleAnna 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.
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