GS ACQUISITION /SH CL A (NYSE:GSAH) Sees Unusually-High Trading Volume

GS ACQUISITION /SH CL A (NYSE:GSAH) saw an uptick in trading volume on Monday . 2,611,014 shares changed hands during trading, an increase of 1,650% from the previous session’s volume of 149,161 shares.The stock last traded at $10.35 and had previously closed at $10.23.

The stock has a market cap of $882.34 million, a PE ratio of 93.00 and a beta of 0.07. The company’s 50 day moving average is $10.25 and its 200-day moving average is $10.20.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Mizuho Securities USA LLC increased its position in shares of GS ACQUISITION /SH CL A by 329.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 214,962 shares of the company’s stock worth $2,193,000 after purchasing an additional 164,962 shares during the last quarter. California Public Employees Retirement System lifted its position in shares of GS ACQUISITION /SH CL A by 492.5% during the third quarter. California Public Employees Retirement System now owns 123,804 shares of the company’s stock worth $1,263,000 after purchasing an additional 102,908 shares during the last quarter. Finally, Bank of America Corp DE bought a new position in shares of GS ACQUISITION /SH CL A during the second quarter worth about $2,930,000. 41.77% of the stock is owned by hedge funds and other institutional investors.

GS ACQUISITION /SH CL A Company Profile (NYSE:GSAH)

GS Acquisition Holdings Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2016 and is based in New York, New York.

Recommended Story: What are some reasons analysts would give stocks a buy rating?

Receive News & Ratings for GS ACQUISITION /SH CL A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GS ACQUISITION /SH CL A and related companies with MarketBeat.com's FREE daily email newsletter.