Centurion Acquisition (NASDAQ:ALF) Stock Price Down 0.8% – Here’s Why

Shares of Centurion Acquisition Corp. (NASDAQ:ALF) fell 0.8% during mid-day trading on Friday. The company traded as low as $10.92 and last traded at $10.8360. Approximately 113 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 115 shares. The stock had previously closed at $10.92.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Centurion Acquisition from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, September 4th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Centurion Acquisition Price Performance

The business’s 50-day moving average is $10.84 and its two-hundred day moving average is $10.83.

Institutional Investors Weigh In On Centurion Acquisition

Hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC acquired a new stake in shares of Centurion Acquisition during the 2nd quarter worth about $130,000. Sona Asset Management US LLC acquired a new position in Centurion Acquisition in the 1st quarter valued at about $1,092,000. Finally, Berkley W R Corp grew its stake in Centurion Acquisition by 376.0% in the 1st quarter. Berkley W R Corp now owns 1,157,544 shares of the company’s stock valued at $12,455,000 after buying an additional 914,380 shares during the last quarter.

Centurion Acquisition Company Profile