Weiss Ratings Reaffirms Sell (D) Rating for Agriculture & Natural Solutions Acquisition (NASDAQ:ANSC)

Key Points

• Weiss Ratings has reaffirmed a "sell (d)" rating for Agriculture & Natural Solutions Acquisition (NASDAQ:ANSC), indicating continued concerns about the company's stock performance.
• The stock price of Agriculture & Natural Solutions Acquisition was stable at $10.96 during mid-day trading, showing minimal fluctuation within its 12-month range of $10.36 to $10.98.
• Over the past quarter, several hedge funds have significantly increased their holdings in Agriculture & Natural Solutions Acquisition, collectively showing a strong interest in the company's prospects.

Agriculture & Natural Solutions Acquisition (NASDAQ:ANSC - Get Free Report)'s stock had its "sell (d)" rating restated by stock analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Agriculture & Natural Solutions Acquisition Stock Performance

Agriculture & Natural Solutions Acquisition stock traded up $0.00 during mid-day trading on Wednesday, reaching $10.96. The company's stock had a trading volume of 13,854 shares, compared to its average volume of 70,064. Agriculture & Natural Solutions Acquisition has a twelve month low of $10.36 and a twelve month high of $10.98. The business has a 50 day moving average price of $10.92 and a 200-day moving average price of $10.81.

Hedge Funds Weigh In On Agriculture & Natural Solutions Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the company. Clear Street LLC lifted its holdings in Agriculture & Natural Solutions Acquisition by 529.3% in the second quarter. Clear Street LLC now owns 5,009 shares of the company's stock worth $54,000 after purchasing an additional 4,213 shares during the period. BCK Capital Management LP lifted its holdings in Agriculture & Natural Solutions Acquisition by 135.7% in the 2nd quarter. BCK Capital Management LP now owns 87,534 shares of the company's stock valued at $950,000 after acquiring an additional 50,400 shares during the last quarter. JPMorgan Chase & Co. acquired a new stake in Agriculture & Natural Solutions Acquisition in the 2nd quarter valued at about $1,082,000. Bluefin Capital Management LLC acquired a new stake in Agriculture & Natural Solutions Acquisition in the 1st quarter valued at about $1,067,000. Finally, Hudson Bay Capital Management LP acquired a new stake in Agriculture & Natural Solutions Acquisition in the 2nd quarter valued at about $2,170,000. Institutional investors and hedge funds own 38.75% of the company's stock.

Agriculture & Natural Solutions Acquisition Company Profile

Agriculture & Natural Solutions Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2021 and is headquartered in New York, NY.

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