Valuence Merger Corp. I (NASDAQ:VMCA - Get Free Report)'s share price shot up 1.7% during trading on Friday . The company traded as high as $12.40 and last traded at $12.40. 100 shares were traded during mid-day trading, a decline of 99% from the average session volume of 11,585 shares. The stock had previously closed at $12.19.
Valuence Merger Corp. I Price Performance
The firm has a market capitalization of $91.39 million, a P/E ratio of 77.50 and a beta of 0.01. The stock's fifty day simple moving average is $12.08 and its 200 day simple moving average is $11.83.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Virtu Financial LLC acquired a new position in shares of Valuence Merger Corp. I during the fourth quarter worth $220,000. Boothbay Fund Management LLC acquired a new position in shares of Valuence Merger Corp. I during the fourth quarter worth $685,000. Toronto Dominion Bank acquired a new position in Valuence Merger Corp. I during the 4th quarter valued at about $835,000. Mizuho Securities USA LLC acquired a new position in Valuence Merger Corp. I during the 1st quarter valued at about $1,897,000. Finally, Berkley W R Corp increased its position in Valuence Merger Corp. I by 162.5% during the 4th quarter. Berkley W R Corp now owns 261,289 shares of the company's stock valued at $3,010,000 after buying an additional 161,766 shares in the last quarter. Institutional investors own 52.21% of the company's stock.
About Valuence Merger Corp. I
(
Get Free Report)
Valuence Merger Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in developing breakthrough technology in life sciences and/or advancing a platform for sustainable technology in Asia.
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