In yesterday’s Wall Street session, Ahren Acquisition Corp. (NASDAQ:AHRN) shares traded at $10.29, up 0.10% from the previous session.
AHRN stock price is now 1.49% away from the 50-day moving average and 2.81% away from the 200-day moving average. The market capitalization of the company currently stands at $384.74M.
There have been several recent changes in the stakes of large investors in AHRN stock. A new stake in Ahren Acquisition Corp. shares was purchased by HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND during the first quarter worth $10,599,000. ARISTEIA CAPITAL LLC invested $5,005,000 in shares of AHRN during the first quarter. In the first quarter, BANK OF MONTREAL /CAN/ acquired a new stake in Ahren Acquisition Corp. valued at approximately $2,137,000. SPRING CREEK CAPITAL LLC acquired a new stake in AHRN for approximately $2,058,000. PARALLAX VOLATILITY ADVISERS, L.P. purchased a new stake in AHRN valued at around $246,000 in the second quarter. In total, there are 58 active investors with 91.70% ownership of the company’s stock.
Wednesday morning saw Ahren Acquisition Corp. (NASDAQ: AHRN) opened at $10.28. During the past 12 months, Ahren Acquisition Corp. has had a low of $9.76 and a high of $10.30. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 21.20, and a quick ratio of 21.20. The fifty day moving average price for AHRN is $10.19 and a two-hundred day moving average price translates $10.03 for the stock.
The latest earnings results from Ahren Acquisition Corp. (NASDAQ: AHRN) was released for Jun, 2022.
Ahren Acquisition Corp.(AHRN) Company Profile
Ahren Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and complete a business combination with a company fueled by deep technology and/or deep science. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.