Stocks of AltC Acquisition Corp. (NYSE:ALCC) traded higher last session on Wall Street, unchanged to $10.33.
ALCC stock price is now -1.62% away from the 50-day moving average and 1.85% away from the 200-day moving average. The market capitalization of the company currently stands at $661.22M.
A total of 2.82% 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 J. GOLDMAN & CO LP during the first quarter worth $25,756,000. FIRST TRUST CAPITAL MANAGEMENT L.P. invested $5,331,000 in shares of ALCC during the first quarter. In the first quarter, METEORA CAPITAL, LLC acquired a new stake in AltC Acquisition Corp. valued at approximately $5,155,000. WESTCHESTER CAPITAL MANAGEMENT, LLC acquired a new stake in ALCC for approximately $4,959,000. JPMORGAN CHASE & CO purchased a new stake in ALCC valued at around $2,583,000 in the second quarter. In total, there are 82 active investors with 95.60% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $10.35 for AltC Acquisition Corp. (NYSE: ALCC). During the past 12 months, AltC Acquisition Corp. has had a low of $9.70 and a high of $10.77. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 1.00, and a quick ratio of 1.00. The fifty day moving average price for ALCC is $10.50 and a two-hundred day moving average price translates $10.15 for the stock.
The latest earnings results from AltC Acquisition Corp. (NYSE: ALCC) was released for Mar, 2023.
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 similar 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 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.
