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.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our
5 Best Growth Stocks To Own For 2023.
Sponsored
.
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.
