Agriculture & Natural Solutions Acquisition (NASDAQ:ANSC) Trading Down 0.3% – Should You Sell?

Agriculture & Natural Solutions Acquisition Corporation (NASDAQ:ANSC)’s stock price dropped 0.3% on Friday . The company traded as low as $11.44 and last traded at $11.41. Approximately 618 shares were traded during trading, a decline of 97% from the average session volume of 17,752 shares. The stock had previously closed at $11.44.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Agriculture & Natural Solutions Acquisition in a research report on Friday, June 26th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Agriculture & Natural Solutions Acquisition has a consensus rating of “Hold”.

Agriculture & Natural Solutions Acquisition Stock Down 0.3%

The company has a fifty day moving average of $11.38 and a 200-day moving average of $11.28.

Agriculture & Natural Solutions Acquisition (NASDAQ:ANSC) last announced its earnings results on Thursday, May 14th. The company reported $0.07 EPS for the quarter.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in Agriculture & Natural Solutions Acquisition in the 2nd quarter valued at $10,850,000. Fort Baker Capital Management LP boosted its stake in Agriculture & Natural Solutions Acquisition by 100.6% during the 4th quarter. Fort Baker Capital Management LP now owns 1,879,630 shares of the company’s stock worth $21,033,000 after purchasing an additional 942,714 shares during the last quarter. Toronto Dominion Bank boosted its stake in Agriculture & Natural Solutions Acquisition by 174.3% during the 4th quarter. Toronto Dominion Bank now owns 1,272,592 shares of the company’s stock worth $14,240,000 after purchasing an additional 808,592 shares during the last quarter. J. Goldman & Co LP purchased a new stake in shares of Agriculture & Natural Solutions Acquisition during the fourth quarter worth $7,833,000. Finally, Mercuria Capital Strategies LLC purchased a new stake in shares of Agriculture & Natural Solutions Acquisition during the fourth quarter worth $5,595,000. 38.75% of the stock is owned by institutional investors and hedge funds.

About Agriculture & Natural Solutions Acquisition

Agriculture & Natural Solutions Acquisition Corp. operates as a blank check company. It was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2021 and is headquartered in New York, NY.