Accelevation Holdings Corp. (NASDAQ:ACCV – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $11.59 and last traded at $11.72, with a volume of 44,473 shares trading hands. The stock had previously closed at $12.49.
Analyst Ratings Changes
Separately, Wall Street Zen raised Accelevation to a “hold” rating in a report on Saturday, October 10th.
Get Our Latest Stock Report on Accelevation
Accelevation Price Performance
Insiders Place Their Bets
In other Accelevation news, Director Howard Heckes bought 5,000 shares of the stock in a transaction dated Thursday, October 1st. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $90,000.00. Following the completion of the transaction, the director owned 5,000 shares in the company, valued at approximately $90,000. The trade was a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ginger Jones bought 10,000 shares of the stock in a transaction dated Thursday, October 1st. The shares were acquired at an average price of $18.00 per share, for a total transaction of $180,000.00. Following the completion of the transaction, the director owned 10,000 shares of the company’s stock, valued at approximately $180,000. The trade was a ? increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders acquired 227,700 shares of company stock valued at $4,098,600.
About Accelevation
Accelevation Corporation (NASDAQ: ACCV) is a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, reorganization or similar transaction.
Unlike an operating company, Accelevation does not manufacture products, provide ongoing commercial services or conduct significant business activities of its own. Its primary activities have consisted of evaluating potential acquisition targets and pursuing a business combination.
Public information about Accelevation’s operating history, geographic footprint and leadership is limited.
Further Reading
- Five stocks we like better than Accelevation
- GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall?
- Intercepting Growth: Karman Secures $218M Lockheed Martin Deal
- Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs
- Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors
Receive News & Ratings for Accelevation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Accelevation and related companies with MarketBeat.com's FREE daily email newsletter.
