In yesterday’s Wall Street session, ShoulderUp Technology Acquisition Corp. (NYSE:SUAC) shares traded at $10.25, up 0.10% from the previous session.
SUAC stock price is now 1.58% away from the 50-day moving average and 2.80% away from the 200-day moving average. The market capitalization of the company currently stands at $429.27M.
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There have been several recent changes in the stakes of large investors in SUAC stock. A new stake in ShoulderUp Technology Acquisition Corp. shares was purchased by CALAMOS ADVISORS LLC during the first quarter worth $20,500,000. CASTLE CREEK ARBITRAGE, LLC invested $10,593,000 in shares of SUAC during the first quarter. In the first quarter, ATALAYA CAPITAL MANAGEMENT LP acquired a new stake in ShoulderUp Technology Acquisition Corp. valued at approximately $6,150,000. FIRST TRUST CAPITAL MANAGEMENT L.P. acquired a new stake in SUAC for approximately $4,295,000. SPRING CREEK CAPITAL LLC purchased a new stake in SUAC valued at around $3,075,000 in the second quarter. In total, there are 70 active investors with 91.60% ownership of the company’s stock.
Tuesday morning saw ShoulderUp Technology Acquisition Corp. (NYSE: SUAC) opened at $10.24. During the past 12 months, ShoulderUp Technology Acquisition Corp. has had a low of $9.80 and a high of $10.26. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.90, and a quick ratio of 0.90. The fifty day moving average price for SUAC is $10.14 and a two-hundred day moving average price translates $10.00 for the stock.
The latest earnings results from ShoulderUp Technology Acquisition Corp. (NYSE: SUAC) was released for Jun, 2022.
ShoulderUp Technology Acquisition Corp.(SUAC) Company Profile
ShoulderUp Technology Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Kennesaw, Georgia.
