Shares of Cantor Equity Partners V Inc. (NASDAQ:CEPV - Get Free Report) were up 0.3% during trading on Monday. The stock traded as high as $10.24 and last traded at $10.24. 94,506 shares were traded during trading, an increase of 39% from the average daily volume of 67,988 shares. The stock had previously closed at $10.21.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reiterated a "sell (d-)" rating on shares of Cantor Equity Partners V in a research note on Friday. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, Cantor Equity Partners V currently has a consensus rating of "Sell".
Get Our Latest Stock Report on CEPV
Cantor Equity Partners V Stock Performance
The stock has a 50 day moving average of $10.28 and a two-hundred day moving average of $10.26. The firm has a market capitalization of $325.53 million and a P/E ratio of 73.14.
Cantor Equity Partners V (NASDAQ:CEPV - Get Free Report) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.07 earnings per share (EPS) for the quarter.
Institutional Trading of Cantor Equity Partners V
A number of hedge funds have recently bought and sold shares of CEPV. OMERS ADMINISTRATION Corp raised its position in shares of Cantor Equity Partners V by 1,402.3% during the first quarter. OMERS ADMINISTRATION Corp now owns 375,583 shares of the company's stock valued at $3,793,000 after buying an additional 350,583 shares during the last quarter. Sculptor Capital LP lifted its stake in shares of Cantor Equity Partners V by 16.5% in the first quarter. Sculptor Capital LP now owns 350,000 shares of the company's stock valued at $3,535,000 after buying an additional 49,500 shares during the period. DLD Asset Management LP grew its position in Cantor Equity Partners V by 1,085.0% during the first quarter. DLD Asset Management LP now owns 173,430 shares of the company's stock worth $1,752,000 after buying an additional 158,795 shares in the last quarter. SkyView Investment Advisors LLC acquired a new stake in Cantor Equity Partners V during the second quarter worth about $640,000. Finally, Bank of America Corp DE bought a new position in Cantor Equity Partners V during the first quarter valued at about $332,000.
About Cantor Equity Partners V
(
Get Free Report)
Cantor Equity Partners V is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol CEPV. The company was formed to identify and combine with one or more businesses through a merger, acquisition, share exchange, or similar business combination.
As a blank-check company, Cantor Equity Partners V does not currently operate a commercial business or offer products and services to customers. Its activities are focused on evaluating potential target companies and completing a business combination, after which the resulting company may conduct an operating business.
The company is associated with Cantor Fitzgerald, a global financial services firm.
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