Brera (NASDAQ:SLMT – Get Free Report) released its earnings results on Friday. The company reported ($91.59) EPS for the quarter, FiscalAI reports.
Brera Stock Performance
Brera stock traded down $0.53 during mid-day trading on Friday, reaching $5.60. The stock had a trading volume of 186,987 shares, compared to its average volume of 80,945. Brera has a fifty-two week low of $5.15 and a fifty-two week high of $529.50. The company has a 50-day simple moving average of $8.19.
Brera’s stock is scheduled to reverse split before the market opens on Friday, May 29th. The 1-10 reverse split was announced on Tuesday, April 28th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, May 28th.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on Brera
Institutional Investors Weigh In On Brera
A number of hedge funds have recently added to or reduced their stakes in SLMT. ARK Investment Management LLC acquired a new stake in Brera in the fourth quarter valued at approximately $16,998,000. Electric Capital Partners LLC acquired a new stake in Brera in the fourth quarter valued at approximately $12,155,000. Anatole Investment Management Ltd acquired a new stake in Brera in the fourth quarter valued at approximately $10,389,000. Alyeska Investment Group L.P. acquired a new stake in Brera in the fourth quarter valued at approximately $5,293,000. Finally, Arrington Capital Management LLC acquired a new stake in Brera in the fourth quarter valued at approximately $2,055,000. Institutional investors and hedge funds own 68.26% of the company’s stock.
About Brera
Brera Holdings PLC is an Irish holding company focused on expanding social impact football by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and related consulting services. We seek to build on the legacy and brand of Brera FC, the first football club that we acquired in July 2022. Brera FC is an amateur football association which has been building an alternative football legacy since its founding in 2000.
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