Stellar V Capital (NASDAQ:SVCC – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $0.04 earnings per share for the quarter, Zacks reports.
Stellar V Capital Stock Performance
Shares of Stellar V Capital stock opened at $10.58 on Wednesday. The firm has a market cap of $228.57 million, a PE ratio of 48.48 and a beta of 0.03. The firm’s 50-day simple moving average is $10.71 and its 200-day simple moving average is $10.56. Stellar V Capital has a 1 year low of $10.33 and a 1 year high of $11.47.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised Stellar V Capital from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock currently has an average rating of “Sell”.
View Our Latest Research Report on SVCC
Stellar V Capital Company Profile
Stellar V Capital Corp. is a special purpose acquisition company (SPAC) formed to pursue a business combination with an operating company. Its potential transaction could take the form of a merger, share exchange, asset acquisition, reorganization or similar combination. As a SPAC, Stellar V Capital does not operate a conventional product or service business. Its activities are focused on raising capital, identifying a suitable acquisition target and completing an initial business combination. Publicly available information does not provide sufficient detail about a completed transaction, specific target industry or operating geography.
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