Alpha Capital Acquisition (NASDAQ:ASPC – Get Free Report)’s share price traded up 0.5% during trading on Friday . The company traded as high as $11.12 and last traded at $10.98. Approximately 31,324 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 38,671 shares. The stock had previously closed at $10.92.
Wall Street Analyst Weigh In
Separately, Weiss Ratings cut Alpha Capital Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Alpha Capital Acquisition currently has an average rating of “Sell”.
Check Out Our Latest Research Report on Alpha Capital Acquisition
Alpha Capital Acquisition Stock Up 0.5%
Alpha Capital Acquisition (NASDAQ:ASPC – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.08 EPS for the quarter. Equities analysts expect that Alpha Capital Acquisition will post -0.27 EPS for the current year.
Institutional Investors Weigh In On Alpha Capital Acquisition
Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC bought a new stake in Alpha Capital Acquisition in the fourth quarter worth approximately $377,000. Sandia Investment Management LP acquired a new stake in shares of Alpha Capital Acquisition during the 2nd quarter worth approximately $308,000. Radcliffe Capital Management L.P. acquired a new stake in shares of Alpha Capital Acquisition during the 2nd quarter worth approximately $336,000. Goldman Sachs Group Inc. bought a new stake in shares of Alpha Capital Acquisition in the 1st quarter valued at $636,000. Finally, Gabelli Funds LLC bought a new stake in shares of Alpha Capital Acquisition in the 2nd quarter valued at $736,000. Institutional investors and hedge funds own 88.95% of the company’s stock.
About Alpha Capital Acquisition
Alpha Capital Acquisition Company does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in technology sector. The company was incorporated in 2020 and is based in New York, New York.
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