Venu Holding Corporation (NYSEAMERICAN:VENU - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 218,680 shares traded hands during mid-day trading, an increase of 437% from the previous session's volume of 40,708 shares.The stock last traded at $14.23 and had previously closed at $13.44.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on VENU. Northland Securities assumed coverage on Venu in a report on Wednesday, June 11th. They set an "outperform" rating and a $15.00 price objective on the stock. Northland Capmk upgraded shares of Venu to a "strong-buy" rating in a research note on Wednesday, June 11th.
View Our Latest Stock Report on Venu
Venu Stock Performance
The business's 50-day moving average price is $9.13. The company has a quick ratio of 2.70, a current ratio of 2.72 and a debt-to-equity ratio of 0.39.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Bard Associates Inc. acquired a new position in shares of Venu in the fourth quarter worth about $1,861,000. Gabelli Funds LLC acquired a new position in shares of Venu in the 4th quarter valued at approximately $590,000. Bleichroeder LP purchased a new position in shares of Venu during the 4th quarter valued at approximately $183,000. Focus Partners Wealth acquired a new stake in shares of Venu during the fourth quarter worth approximately $589,000. Finally, OMERS ADMINISTRATION Corp acquired a new stake in shares of Venu during the fourth quarter worth approximately $244,000.
Venu Company Profile
(
Get Free Report)
Venu Holding Corporation is a premier hospitality and live music company dedicated to crafting luxury, experience-driven entertainment destinations. Venu Holding Corporation is based in COLORADO SPRINGS, Colo.
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