Centurion Acquisition (NASDAQ:ALF) Trading Down 0.1% - Here's What Happened

Key Points

• Centurion Acquisition (ALF) fell 0.1% to $10.784 on Wednesday, trading as low as $10.77 with only 338 shares changing hands—about 99% below its average daily volume of 46,404.
• Analyst consensus: Sell. Weiss Ratings reaffirmed a "sell (d)" and MarketBeat shows a consensus rating of "Sell" (one analyst).
• Several institutions have recently opened or expanded large positions (Meteora ~$18.2M, Linden ~$10.6M, L1 Global ~$7.2M, plus big increases by TENOR and Radcliffe), while the company—Alfi, Inc—reported $0.08 EPS and offers an AI SaaS platform for digital out-of-home advertising.

Centurion Acquisition Corp. (NASDAQ:ALF - Get Free Report)'s share price dropped 0.1% during trading on Wednesday . The stock traded as low as $10.77 and last traded at $10.7840. Approximately 338 shares changed hands during trading, a decline of 99% from the average daily volume of 46,404 shares. The stock had previously closed at $10.80.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Centurion Acquisition in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Centurion Acquisition has a consensus rating of "Sell".

Centurion Acquisition Trading Down 0.0%

The company has a 50 day moving average of $10.75 and a two-hundred day moving average of $10.68.

Centurion Acquisition (NASDAQ:ALF - Get Free Report) last released its quarterly earnings results on Thursday, March 12th. The company reported $0.08 earnings per share for the quarter.

Institutional Trading of Centurion Acquisition

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALF. Meteora Capital LLC bought a new position in Centurion Acquisition in the 2nd quarter valued at $18,215,000. Linden Advisors LP bought a new position in Centurion Acquisition in the 2nd quarter valued at $10,580,000. L1 Global Manager Pty Ltd bought a new position in Centurion Acquisition in the 4th quarter valued at $7,189,000. TENOR CAPITAL MANAGEMENT Co. L.P. raised its position in Centurion Acquisition by 150.0% in the 2nd quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 750,000 shares of the company's stock valued at $7,890,000 after purchasing an additional 450,000 shares during the last quarter. Finally, Radcliffe Capital Management L.P. raised its position in Centurion Acquisition by 2,606.1% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 416,795 shares of the company's stock valued at $4,397,000 after purchasing an additional 401,393 shares during the last quarter.

Centurion Acquisition Company Profile

Alfi, Inc provides Software as a Service (SaaS) solution for the digital out of home (DOOH) smart advertising segment in the United States. It offers Alfi, an artificial intelligence (AI) SaaS platform that transforms DOOH advertising into real-time audience-based marketing, as well as uses AI and computer vision to detect audience demographics, such as age and gender to serve relevant advertising. The company intends to market Alfi to advertisers, and other DOOH and out of home media operators as the first facial detection-based ad technology offering verified impressions and audience measurement based on eyes on screens.

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