Stellar V Capital Corp. (NASDAQ:SVCC – Get Free Report)’s share price was up 0.1% during trading on Wednesday . The company traded as high as $10.56 and last traded at $10.52. Approximately 214 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 1,533 shares. The stock had previously closed at $10.51.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Stellar V Capital in a research note on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.
View Our Latest Stock Report on Stellar V Capital
Stellar V Capital Stock Up 0.1%
Stellar V Capital (NASDAQ:SVCC – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.06 earnings per share for the quarter.
Institutional Investors Weigh In On Stellar V Capital
A number of hedge funds have recently made changes to their positions in SVCC. Sona Asset Management US LLC bought a new position in Stellar V Capital during the 1st quarter valued at about $3,375,000. MMCAP International Inc. SPC acquired a new position in Stellar V Capital in the third quarter valued at about $2,884,000. L1 Global Manager Pty Ltd bought a new stake in Stellar V Capital during the fourth quarter worth about $2,850,000. Moore Capital Management LP bought a new stake in Stellar V Capital during the second quarter worth about $2,558,000. Finally, Shaolin Capital Management LLC bought a new stake in Stellar V Capital during the second quarter worth about $2,044,000.
Stellar V Capital Company Profile
We are a blank check company incorporated on July 12, 2024 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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