In yesterday’s Wall Street session, AltC Acquisition Corp. (NYSE:ALCC) shares traded at $10.11, unchanged from the previous session.
ALCC stock price is now 0.82% away from the 50-day moving average and 2.97% away from the 200-day moving average. The market capitalization of the company currently stands at $647.55M.
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A total of 5.64% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ALCC stock. A new stake in AltC Acquisition Corp. shares was purchased by JANUS HENDERSON GROUP PLC during the first quarter worth $12,953,000. PERISCOPE CAPITAL INC. invested $2,622,000 in shares of ALCC during the first quarter. In the first quarter, DEUTSCHE BANK AG acquired a new stake in AltC Acquisition Corp. valued at approximately $2,528,000. GRITSTONE ASSET MANAGEMENT LLC acquired a new stake in ALCC for approximately $829,000. ATLAS MERCHANT CAPITAL LLC purchased a new stake in ALCC valued at around $758,000 in the second quarter. In total, there are 83 active investors with 95.60% ownership of the company’s stock.
Tuesday morning saw AltC Acquisition Corp. (NYSE: ALCC) opened at $10.14. During the past 12 months, AltC Acquisition Corp. has had a low of $9.65 and a high of $10.15. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 3.40, and a quick ratio of 3.40. The fifty day moving average price for ALCC is $10.03 and a two-hundred day moving average price translates $9.82 for the stock.
The latest earnings results from AltC Acquisition Corp. (NYSE: ALCC) was released for Sep, 2022.
AltC Acquisition Corp.(ALCC) Company Profile
AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 24, 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.
