Crescera Capital Acquisition Corp. (NASDAQ:CREC) shares traded 0.29% higher at $10.31 on Wall Street last session.
CREC stock price is now 1.54% away from the 50-day moving average and 3.06% away from the 200-day moving average. The market capitalization of the company currently stands at $276.31M.
There have been several recent changes in the stakes of large investors in CREC stock. A new stake in Crescera Capital Acquisition Corp. shares was purchased by SPRING CREEK CAPITAL LLC during the first quarter worth $2,320,000. MIZUHO SECURITIES USA LLC invested $2,227,000 in shares of CREC during the first quarter. In the first quarter, MAGNETAR FINANCIAL LLC acquired a new stake in Crescera Capital Acquisition Corp. valued at approximately $1,090,000. ANGELO GORDON & CO LP acquired a new stake in CREC for approximately $1,031,000. ARISTEIA CAPITAL LLC purchased a new stake in CREC valued at around $805,000 in the second quarter. In total, there are 59 active investors with 87.20% ownership of the company’s stock.
Crescera Capital Acquisition Corp. (NASDAQ: CREC) opened at $10.30 on Thursday. During the past 12 months, Crescera Capital Acquisition Corp. has had a low of $9.79 and a high of $10.31. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.20, and a quick ratio of 4.20. The fifty day moving average price for CREC is $10.19 and a two-hundred day moving average price translates $10.03 for the stock.
The latest earnings results from Crescera Capital Acquisition Corp. (NASDAQ: CREC) was released for Jun, 2022. The company reported revenue of $5.63 million for the quarter, compared to $5.85 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.78 percent.
Crescera Capital Acquisition Corp.(CREC) Company Profile
Crescera Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses in technology, healthcare, education services, consumer, and retail sectors in Latin America. The company was incorporated in 2021 and is based in Rio de Janeiro, Brazil.