CO2 Energy Transition Corp. (NASDAQ:NOEM – Get Free Report)’s stock price was down 0.1% on Tuesday . The company traded as low as $10.46 and last traded at $10.57. 1,305 shares were traded during trading, a decline of 66% from the average daily volume of 3,838 shares. The stock had previously closed at $10.58.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of CO2 Energy Transition in a report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Analysis on CO2 Energy Transition
CO2 Energy Transition Price Performance
CO2 Energy Transition (NASDAQ:NOEM – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.03 earnings per share (EPS) for the quarter.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of NOEM. Flow Traders U.S. LLC grew its holdings in CO2 Energy Transition by 11.9% in the 3rd quarter. Flow Traders U.S. LLC now owns 14,829 shares of the company’s stock worth $151,000 after buying an additional 1,578 shares in the last quarter. Clear Street Group Inc. increased its holdings in shares of CO2 Energy Transition by 96.5% during the fourth quarter. Clear Street Group Inc. now owns 21,139 shares of the company’s stock valued at $218,000 after purchasing an additional 10,381 shares during the period. Dakota Wealth Management increased its holdings in shares of CO2 Energy Transition by 11.7% during the fourth quarter. Dakota Wealth Management now owns 28,550 shares of the company’s stock valued at $294,000 after purchasing an additional 3,000 shares during the period. Wolverine Asset Management LLC raised its stake in shares of CO2 Energy Transition by 30.9% during the fourth quarter. Wolverine Asset Management LLC now owns 72,779 shares of the company’s stock valued at $749,000 after purchasing an additional 17,196 shares in the last quarter. Finally, L1 Global Manager Pty Ltd bought a new stake in shares of CO2 Energy Transition during the fourth quarter valued at about $1,441,000.
About CO2 Energy Transition
CO2 Energy Transition, Inc is a special purpose acquisition company organized under the laws of the State of Delaware. Listed on the NASDAQ under the ticker symbol NOEM, the company’s mission is to identify, acquire, and merge with one or more businesses operating in the climate technology and energy transition sectors. By targeting companies at the forefront of decarbonization, CO2 Energy Transition seeks to position itself as a strategic partner in the development and commercialization of solutions that reduce greenhouse gas emissions.
Although the company has not yet announced a definitive business combination, its investment mandate encompasses a broad range of activities within the clean energy ecosystem.
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