Starfighters Space, Inc. (NYSEAMERICAN:FJET – Get Free Report) shares rose 27.3% during mid-day trading on Monday . The stock traded as high as $9.75 and last traded at $9.50. Approximately 9,121,056 shares traded hands during trading, an increase of 296% from the average daily volume of 2,305,033 shares. The stock had previously closed at $7.46.
Starfighters Space Stock Performance
The business has a 50 day simple moving average of $5.97.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the company. Elevation Point Wealth Partners LLC boosted its position in shares of Starfighters Space by 36.6% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 13,660 shares of the company’s stock valued at $81,000 after acquiring an additional 3,660 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Starfighters Space during the 4th quarter valued at about $151,000. Cerity Partners LLC acquired a new position in shares of Starfighters Space during the 4th quarter valued at about $718,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Starfighters Space during the 4th quarter valued at about $1,322,000.
Starfighters Space Company Profile
The Company’s mission statement is to make space accessible to entrepreneurs, researchers, industry, and government at a high cadence and the right cost. Currently, Starfighters operates the world’s only commercial fleet of flight-ready F-104 supersonic aircraft (“Lockheed F-104”). The Lockheed F-104 was developed as a supersonic aircraft for the United States Armed Forces. The single engine interceptor was favoured for its maximum altitude and climb performance. It was the first production aircraft to reach over MACH 2 in sustained, level flight, which was one of the key criteria as to why the NASA used the Lockheed F-104 for high-speed flight research at the Dryden Flight Research Center.
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