Alpha Capital Acquisition (NASDAQ:ASPC – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports.
Alpha Capital Acquisition Stock Down 0.1%
Shares of NASDAQ ASPC traded down $0.01 during trading on Friday, hitting $10.45. The company had a trading volume of 15,891 shares, compared to its average volume of 32,709. Alpha Capital Acquisition has a fifty-two week low of $10.30 and a fifty-two week high of $63.98. The stock has a fifty day simple moving average of $10.80 and a two-hundred day simple moving average of $11.25.
Wall Street Analyst Weigh In
Separately, Weiss Ratings cut Alpha Capital Acquisition from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, October 26th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.
View Our Latest Stock Analysis on ASPC
Alpha Capital Acquisition Company Profile
Alpha Capital Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with an operating business. Rather than selling products or services of its own, the company raised capital through an initial public offering and placed those funds in trust while searching for a merger, acquisition or similar business combination.
The company focused its search on technology-oriented businesses, including companies operating in sectors such as software, financial technology, media, telecommunications and related industries.
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