Live Oak Acquisition Corp. V (NASDAQ:TMS – Get Free Report) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 10,526 shares, a growth of 113.2% from the July 15th total of 4,937 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 83,142 shares, the days-to-cover ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Northland Securities started coverage on shares of Live Oak Acquisition Corp. V in a research note on Thursday, July 16th. They issued an “outperform” rating and a $14.00 price target on the stock. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $14.00.
Read Our Latest Analysis on TMS
Live Oak Acquisition Corp. V Price Performance
Live Oak Acquisition Corp. V (NASDAQ:TMS – Get Free Report) last posted its quarterly earnings results on Friday, August 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.03). The firm had revenue of $148.66 million during the quarter, compared to analyst estimates of $144.74 million. On average, research analysts predict that Live Oak Acquisition Corp. V will post -9.99 EPS for the current year.
About Live Oak Acquisition Corp. V
Live Oak Acquisition Corp. V is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition transaction.
The company was organized to pursue opportunities across a broad range of industries and geographic markets, subject to the terms of its governing documents and applicable regulations.
See Also
- Five stocks we like better than Live Oak Acquisition Corp. V
- 3 Unexpected ETFs Crushing the Market This Summer
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
Receive News & Ratings for Live Oak Acquisition Corp. V Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Live Oak Acquisition Corp. V and related companies with MarketBeat.com's FREE daily email newsletter.
