In yesterday’s Wall Street session, Avalon Acquisition Inc. (NASDAQ:AVAC) shares traded at $10.40, up 0.19% from the previous session.
AVAC stock price is now 1.10% away from the 50-day moving average and 3.37% away from the 200-day moving average. The market capitalization of the company currently stands at $270.50M.
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There have been several recent changes in the stakes of large investors in AVAC stock. A new stake in Avalon Acquisition Inc. shares was purchased by CRYSTALLINE MANAGEMENT INC. during the first quarter worth $2,756,000. RPO LLC invested $2,467,000 in shares of AVAC during the first quarter. In the first quarter, BOOTHBAY FUND MANAGEMENT, LLC acquired a new stake in Avalon Acquisition Inc. valued at approximately $905,000. ELEQUIN SECURITIES, LLC acquired a new stake in AVAC for approximately $520,000. JANE STREET GROUP, LLC purchased a new stake in AVAC valued at around $104,000 in the second quarter. In total, there are 57 active investors with 91.70% ownership of the company’s stock.
On Tuesday morning Avalon Acquisition Inc. (NASDAQ: AVAC) stock kicked off with the opening price of $10.40. During the past 12 months, Avalon Acquisition Inc. has had a low of $9.91 and a high of $10.50. 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 AVAC is $10.34 and a two-hundred day moving average price translates $10.12 for the stock.
The latest earnings results from Avalon Acquisition Inc. (NASDAQ: AVAC) was released for Sep, 2022.
Avalon Acquisition Inc.(AVAC) Company Profile
Avalon Acquisition Inc. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial services and financial technologies industries. The company was incorporated in 2020 and is based in San Francisco, California.
