Oceanhawk Acquisition (NASDAQ:OHAC) Releases Quarterly Earnings Results

Oceanhawk Acquisition (NASDAQ:OHAC) posted its quarterly earnings data on Friday. The company reported $0.03 earnings per share (EPS) for the quarter, FiscalAI reports.

Oceanhawk Acquisition Trading Up 0.1%

Shares of Oceanhawk Acquisition stock traded up $0.01 during trading hours on Friday, reaching $10.04. 72,825 shares of the company were exchanged, compared to its average volume of 81,827. Oceanhawk Acquisition has a 1 year low of $9.86 and a 1 year high of $10.06. The firm has a fifty day moving average of $10.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on Oceanhawk Acquisition in a research report on Monday, August 31st. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About Oceanhawk Acquisition

Oceanhawk Acquisition Corp. is a special purpose acquisition company (SPAC), established to pursue a merger, share exchange, asset acquisition, or similar business combination with another company. Unlike an operating business, Oceanhawk does not itself offer products or services. Its activity is centered on identifying and completing a transaction with a private company, which may then become publicly traded through the combination. Specific information about a completed business combination, operating activities, or geographic markets is not available here.