Tavia Acquisition (NASDAQ:TAVI) Trading 0.1% Higher – Time to Buy?

Shares of Tavia Acquisition Corp. (NASDAQ:TAVI) traded up 0.1% on Wednesday . The company traded as high as $10.64 and last traded at $10.63. 21,374 shares traded hands during trading, a decline of 77% from the average session volume of 93,801 shares. The stock had previously closed at $10.62.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Tavia Acquisition in a research report on Thursday, April 2nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Tavia Acquisition Stock Down 0.3%

The business’s 50 day moving average is $10.59 and its 200-day moving average is $10.50.

Tavia Acquisition (NASDAQ:TAVI) last released its earnings results on Monday, March 16th. The company reported $0.06 earnings per share for the quarter.

Hedge Funds Weigh In On Tavia Acquisition

Institutional investors have recently modified their holdings of the company. Clear Street Group Inc. bought a new position in shares of Tavia Acquisition during the third quarter worth about $25,000. ABC Arbitrage SA bought a new position in shares of Tavia Acquisition during the fourth quarter worth about $163,000. Radcliffe Capital Management L.P. bought a new position in shares of Tavia Acquisition during the second quarter worth about $224,000. Moore Capital Management LP acquired a new stake in Tavia Acquisition in the second quarter worth about $514,000. Finally, Mangrove Partners IM LLC lifted its holdings in Tavia Acquisition by 4.7% in the third quarter. Mangrove Partners IM LLC now owns 56,411 shares of the company’s stock worth $583,000 after purchasing an additional 2,511 shares during the period.

Tavia Acquisition Company Profile

Tavia Acquisition Corp. is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded on March 7, 2024 and is headquartered in Newark, DE.