AleAnna’s (ANNA) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings reissued their sell (e+) rating on shares of AleAnna (NASDAQ:ANNA) in a research report report published on Friday,Weiss Ratings reports.

AleAnna Price Performance

Shares of NASDAQ:ANNA opened at $3.55 on Friday. The business has a 50 day moving average price of $4.16 and a 200 day moving average price of $6.78. AleAnna has a twelve month low of $3.55 and a twelve month high of $18.70. The company has a market cap of $236.61 million, a price-to-earnings ratio of -71.00 and a beta of 0.02. The company has a quick ratio of 8.26, a current ratio of 8.26 and a debt-to-equity ratio of 0.03.

AleAnna (NASDAQ:ANNA) last announced its earnings results on Thursday, August 14th. The company reported $0.01 earnings per share for the quarter. The business had revenue of $4.03 million for the quarter.

Institutional Trading of AleAnna

A number of hedge funds have recently modified their holdings of ANNA. NewGen Equity Long Short Fund bought a new stake in shares of AleAnna in the 2nd quarter worth approximately $204,000. Goldman Sachs Group Inc. bought a new stake in shares of AleAnna in the 1st quarter worth approximately $94,000. Finally, Keel Point LLC bought a new stake in shares of AleAnna in the 2nd quarter worth approximately $79,000. Institutional investors own 38.10% of the company’s stock.

AleAnna Company Profile

AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy’s natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.