The stock of Berenson Acquisition Corp. I (NYSE:BACA) last traded at $10.14, down -0.10% from the previous session.
BACA stock price is now 0.63% away from the 50-day moving average and 2.70% away from the 200-day moving average. The market capitalization of the company currently stands at $348.31M.
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There have been several recent changes in the stakes of large investors in BACA stock. A new stake in Berenson Acquisition Corp. I shares was purchased by RPO LLC during the first quarter worth $5,799,000. KEPOS CAPITAL LP invested $5,075,000 in shares of BACA during the first quarter. In the first quarter, QUARRY LP acquired a new stake in Berenson Acquisition Corp. I valued at approximately $4,060,000. METEORA CAPITAL, LLC acquired a new stake in BACA for approximately $3,205,000. SEA OTTER ADVISORS LLC purchased a new stake in BACA valued at around $2,690,000 in the second quarter. In total, there are 60 active investors with 96.40% ownership of the company’s stock.
With an opening price of $10.15 on Tuesday morning, Berenson Acquisition Corp. I (NYSE: BACA) set off the trading day. During the past 12 months, Berenson Acquisition Corp. I has had a low of $9.71 and a high of $10.43. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.60, and a quick ratio of 0.60. The fifty day moving average price for BACA is $10.09 and a two-hundred day moving average price translates $9.91 for the stock.
The latest earnings results from Berenson Acquisition Corp. I (NYSE: BACA) was released for Sep, 2022.
Berenson Acquisition Corp. I(BACA) Company Profile
Berenson Acquisition Corp. I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses its search on a target business that operate in the software and technology-enabled services industry. The company was incorporated in 2021 and is based in New York, New York.
