NewHold Investment Corp III (NASDAQ:NHIC – Get Free Report) posted its earnings results on Monday. The company reported $0.03 EPS for the quarter, FiscalAI reports. The business had revenue of $3.71 million during the quarter.
NewHold Investment Corp III Stock Performance
Shares of NHIC stock opened at $10.56 on Monday. NewHold Investment Corp III has a 12-month low of $10.01 and a 12-month high of $10.86. The firm’s 50 day moving average is $10.42 and its 200 day moving average is $10.40. The stock has a market capitalization of $291.56 million and a P/E ratio of 88.00.
Analyst Ratings Changes
Separately, Weiss Ratings raised NewHold Investment Corp III from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, NewHold Investment Corp III currently has an average rating of “Sell”.
Hedge Funds Weigh In On NewHold Investment Corp III
Several hedge funds and other institutional investors have recently modified their holdings of NHIC. Clear Street Group Inc. purchased a new position in shares of NewHold Investment Corp III in the 3rd quarter worth $67,000. Concurrent Investment Advisors LLC bought a new position in NewHold Investment Corp III in the third quarter valued at about $113,000. Sandia Investment Management LP purchased a new position in NewHold Investment Corp III in the second quarter worth about $254,000. Alyeska Investment Group L.P. purchased a new position in NewHold Investment Corp III in the third quarter worth about $450,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of NewHold Investment Corp III during the 2nd quarter valued at about $1,015,000.
NewHold Investment Corp III Company Profile
NewHold Investment Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination, with one or more target businesses. The company was formerly known as NewHold Industrial Corp. and changed its name to NewHold Investment Corp. in February 2020. NewHold Investment Corp. was incorporated in 2020 and is based in Houston, Texas.
Further Reading
- Five stocks we like better than NewHold Investment Corp III
- These Stocks Could Be the Biggest Winners of the 2026 Midterms
- 3 Infrastructure Stocks Fueling the Data Center Building Boom
- Datadog Soars, Dynatrace Slumps: Gap Widens in AI Agent Stocks
- As U.S. Debt Surpasses GDP, These 2 ETFs Are Emerging Winners in the “Sell America” Trade
Receive News & Ratings for NewHold Investment Corp III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewHold Investment Corp III and related companies with MarketBeat.com's FREE daily email newsletter.
