Shares of AleAnna Inc. (NASDAQ:ANNA - Get Free Report) were up 7.4% during mid-day trading on Wednesday . The stock traded as high as $9.00 and last traded at $7.80. Approximately 55,769 shares were traded 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 Stock Performance
The business has a 50-day moving average price of $9.70. 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 firm has a market capitalization of $481.21 million, a PE ratio of -361.00 and a beta of 0.16.
AleAnna (NASDAQ:ANNA - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.05) earnings per share (EPS) for the quarter.
Institutional Investors Weigh In On AleAnna
Several large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. bought a new stake in AleAnna during the first quarter worth $94,000. NewGen Asset Management Ltd bought a new position in shares of AleAnna in the 4th quarter valued at about $192,000. Finepoint Capital LP acquired a new position in shares of AleAnna during the 4th quarter worth about $197,000. Sculptor Capital LP acquired a new position in shares of AleAnna during the 4th quarter worth about $367,000. Finally, Polar Asset Management Partners Inc. bought a new stake in shares of AleAnna in the 4th quarter valued at about $481,000. Institutional investors and hedge funds 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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