Southport Acquisition Co. (NYSE:PORT - Get Free Report) fell 6.6% during trading on Friday . The company traded as low as $12.24 and last traded at $12.24. 331 shares were traded during mid-day trading, a decline of 82% from the average session volume of 1,859 shares. The stock had previously closed at $13.10.
Southport Acquisition Stock Down 1.8%
The business's fifty day moving average is $12.13 and its 200 day moving average is $11.70.
Southport Acquisition Company Profile
(
Get Free Report)
Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to acquire businesses in the field of financial software with a focus on mortgage and real estate verticals in the United States.
See Also
Before you consider Southport Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southport Acquisition wasn't on the list.
While Southport Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.