Cantor Equity Partners, Inc. (NASDAQ:CEPO – Get Free Report) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 7,609 shares, a decrease of 47.5% from the August 15th total of 14,495 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 512,006 shares, the short-interest ratio is presently 0.0 days.
Cantor Equity Partners Stock Up 0.1%
Cantor Equity Partners stock traded up $0.01 during mid-day trading on Tuesday, reaching $10.76. 12,677 shares of the company’s stock traded hands, compared to its average volume of 95,800. Cantor Equity Partners has a 12-month low of $8.22 and a 12-month high of $10.97. The stock has a 50 day moving average of $10.69 and a two-hundred day moving average of $10.59. The company has a market cap of $274.38 million, a price-to-earnings ratio of -37.10 and a beta of -0.05.
Cantor Equity Partners (NASDAQ:CEPO – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.26 earnings per share for the quarter.
Institutional Investors Weigh In On Cantor Equity Partners
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on CEPO shares. Wall Street Zen upgraded Cantor Equity Partners from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings cut Cantor Equity Partners from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.
View Our Latest Stock Analysis on Cantor Equity Partners
Cantor Equity Partners Company Profile
Cantor Equity Partners is a special purpose acquisition company (SPAC) sponsored by an affiliate of Cantor Fitzgerald. Rather than operating a traditional business, the company was formed to raise capital through a public offering and pursue a merger, stock purchase, asset acquisition, reorganization, or similar business combination with one or more businesses.
As a blank-check company, Cantor Equity Partners does not manufacture products or provide ongoing commercial services of its own.
Recommended Stories
- Five stocks we like better than Cantor Equity Partners
- Running on Empty: 3 Energy Plays for Europe’s Deep Freeze
- 3 Healthcare Stocks for 3 Stages of Life
- Curaleaf Tries To Roll Up Aurora In a Hostile Cannabis Bid
- MarketBeat’s Most Downgraded Stocks in Q3: 2 Look Cheap, 1 Looks Risky
Receive News & Ratings for Cantor Equity Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantor Equity Partners and related companies with MarketBeat.com's FREE daily email newsletter.
