Keen Vision Acquisition (NASDAQ:KVAC – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported $0.09 EPS for the quarter, FiscalAI reports.
Keen Vision Acquisition Trading Up 1.3%
Shares of NASDAQ KVAC traded up $0.16 during trading on Thursday, reaching $11.73. The stock had a trading volume of 539 shares, compared to its average volume of 2,071. The business’s 50-day moving average price is $11.63 and its 200-day moving average price is $11.48. Keen Vision Acquisition has a fifty-two week low of $10.86 and a fifty-two week high of $12.00.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Keen Vision Acquisition in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.
Hedge Funds Weigh In On Keen Vision Acquisition
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Tabor Asset Management LP purchased a new stake in shares of Keen Vision Acquisition during the first quarter worth $2,614,000. Westchester Capital Management LLC acquired a new stake in Keen Vision Acquisition in the 1st quarter valued at about $787,000. Berkley W R Corp boosted its stake in shares of Keen Vision Acquisition by 52.7% in the 2nd quarter. Berkley W R Corp now owns 1,046,168 shares of the company’s stock valued at $11,895,000 after buying an additional 361,071 shares during the period. Finally, Crossingbridge Advisors LLC acquired a new position in shares of Keen Vision Acquisition during the third quarter worth about $755,000. Hedge funds and other institutional investors own 51.72% of the company’s stock.
About Keen Vision Acquisition
Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.
See Also
- Five stocks we like better than Keen Vision Acquisition
- What Are Dividend Achievers? An Introduction
- Forget Netflix—Paramount Skydance’s $3B Plan Is Turning Heads on Wall Street
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- AMD to $300 Looks Easy—Here’s Why $500 Could Be Next
- What Are Some of the Best Large-Cap Stocks to Buy?
- $5B+ in Buybacks: What DraftKings, AppLovin, and Altria Are Telling You
Receive News & Ratings for Keen Vision Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keen Vision Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
