Black Hawk Acquisition (NASDAQ:BKHA) Issues Quarterly Earnings Results

Black Hawk Acquisition (NASDAQ:BKHA) announced its quarterly earnings data on Monday. The company reported $0.03 EPS for the quarter, FiscalAI reports.

Black Hawk Acquisition Stock Performance

BKHA opened at $11.62 on Tuesday. Black Hawk Acquisition has a fifty-two week low of $10.53 and a fifty-two week high of $11.95. The company’s 50-day moving average is $11.61 and its 200 day moving average is $11.46.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of Black Hawk Acquisition in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Black Hawk Acquisition

Institutional investors and hedge funds have recently made changes to their positions in the business. Quarry LP acquired a new stake in shares of Black Hawk Acquisition in the 3rd quarter worth about $112,000. Clear Street Group Inc. purchased a new stake in Black Hawk Acquisition in the 3rd quarter valued at about $588,000. Crossingbridge Advisors LLC bought a new position in shares of Black Hawk Acquisition during the 3rd quarter valued at approximately $588,000. Meteora Capital LLC bought a new position in Black Hawk Acquisition in the 3rd quarter worth approximately $1,111,000. Finally, Wolverine Asset Management LLC lifted its stake in Black Hawk Acquisition by 1.2% in the 3rd quarter. Wolverine Asset Management LLC now owns 358,888 shares of the company’s stock worth $4,016,000 after purchasing an additional 4,339 shares in the last quarter.

Black Hawk Acquisition Company Profile

Black Hawk Acquisition Corp. is a special purpose acquisition company (SPAC) formed to effect a merger, stock purchase, asset acquisition, stock exchange or similar business combination with one or more businesses. Incorporated in Delaware, the company was created to raise capital through an initial public offering and to seek a target business that can benefit from its public listing and access to growth capital.

Since its listing on the NASDAQ under the ticker BKHA, Black Hawk Acquisition has focused on identifying businesses in sectors such as technology, industrials, consumer and financial services.