ABG Acquisition Corp. I (NASDAQ:ABGI) shares traded -0.05% lower at $10.15 on Wall Street last session.
ABGI stock price is now 1.06% away from the 50-day moving average and 2.79% away from the 200-day moving average. The market capitalization of the company currently stands at $196.10M.
There have been several recent changes in the stakes of large investors in ABGI stock. A new stake in ABG Acquisition Corp. I shares was purchased by CUBIST SYSTEMATIC STRATEGIES, LLC during the first quarter worth $1,370,000. WHITEBOX ADVISORS LLC invested $420,000 in shares of ABGI during the first quarter. In the first quarter, EXOS TFP HOLDINGS LLC acquired a new stake in ABG Acquisition Corp. I valued at approximately $187,000. WOLVERINE ASSET MANAGEMENT LLC acquired a new stake in ABGI for approximately $90,000. ELEQUIN CAPITAL LP purchased a new stake in ABGI valued at around $3,000 in the second quarter. In total, there are 69 active investors with 91.10% ownership of the company’s stock.
ABG Acquisition Corp. I (NASDAQ: ABGI) opened at $10.14 on Tuesday. During the past 12 months, ABG Acquisition Corp. I has had a low of $9.70 and a high of $10.42. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.80, and a quick ratio of 0.80. The fifty day moving average price for ABGI is $10.06 and a two-hundred day moving average price translates $9.90 for the stock.
The latest earnings results from ABG Acquisition Corp. I (NASDAQ: ABGI) was released for Jun, 2022.
ABG Acquisition Corp. I(ABGI) Company Profile
ABG Acquisition Corp. I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. ABG Acquisition Corp. I was incorporated in 2020 and is based in New York, New York.