Pioneer Acquisition I (NASDAQ:PACH) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen downgraded shares of Pioneer Acquisition I (NASDAQ:PACH) from a hold rating to a sell rating in a research note issued to investors on Sunday.

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Pioneer Acquisition I in a research note on Thursday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Pioneer Acquisition I Stock Down 0.1%

Shares of Pioneer Acquisition I stock opened at $10.15 on Friday. Pioneer Acquisition I has a 52 week low of $9.94 and a 52 week high of $10.16. The firm has a 50 day moving average price of $10.01.

Institutional Trading of Pioneer Acquisition I

A number of large investors have recently added to or reduced their stakes in the stock. Deltec Asset Management LLC bought a new stake in shares of Pioneer Acquisition I in the third quarter valued at $99,000. Gritstone Asset Management LLC bought a new stake in Pioneer Acquisition I in the 3rd quarter valued at about $690,000. Boothbay Fund Management LLC purchased a new stake in Pioneer Acquisition I during the third quarter valued at about $830,000. ATW Spac Management LLC purchased a new stake in Pioneer Acquisition I during the third quarter valued at about $831,000. Finally, Dakota Wealth Management bought a new position in Pioneer Acquisition I during the third quarter worth about $1,083,000.

Pioneer Acquisition I Company Profile

Pioneer Acquisition I Corp is a blank check company. It formed for the purpose of merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Pioneer Acquisition I Corp is based in BROOKLYN, N.Y.