Ability Inc (NASDAQ:ABIL) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $2.14 and last traded at $2.19, with a volume of 23176 shares changing hands. The stock had previously closed at $2.19.
A hedge fund recently bought a new stake in Ability stock. Delek Group Ltd. acquired a new stake in shares of Ability Inc (NASDAQ:ABIL) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 240,000 shares of the technology company’s stock, valued at approximately $108,000. Delek Group Ltd. owned about 0.93% of Ability as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 1.10% of the company’s stock.
Ability Inc provides interception, geolocation, and cyber intelligence products and solutions for security and intelligence agencies, military forces, law enforcement agencies, and homeland security agencies worldwide. It specializes in off-air interception of voice, SMS, and data communication from cellular and satellite communication networks; and deciphering solutions for cellular and satellite communications.
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