AleAnna (NASDAQ:ANNA – Get Free Report) announced its earnings results on Thursday. The company reported $0.06 EPS for the quarter, FiscalAI reports. AleAnna had a return on equity of 13.31% and a net margin of 19.76%.The firm had revenue of $10.22 million for the quarter.
AleAnna Stock Up 10.0%
AleAnna stock traded up $0.25 during midday trading on Friday, hitting $2.75. The company’s stock had a trading volume of 304,441 shares, compared to its average volume of 251,972. The company has a market capitalization of $183.29 million, a PE ratio of 14.47 and a beta of -1.62. AleAnna has a 12 month low of $2.31 and a 12 month high of $10.64. The stock’s 50-day moving average price is $2.96 and its 200-day moving average price is $3.63.
Wall Street Analyst Weigh In
Separately, Weiss Ratings lowered shares of AleAnna from a “sell (d+)” rating to a “sell (d)” rating in a report on Thursday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.
Institutional Investors Weigh In On AleAnna
Several large investors have recently modified their holdings of ANNA. Keel Point LLC acquired a new position in shares of AleAnna in the 2nd quarter valued at $79,000. Goldman Sachs Group Inc. acquired a new position in shares of AleAnna in the first quarter worth about $94,000. Wesbanco Bank Inc. purchased a new position in shares of AleAnna in the first quarter worth approximately $166,000. Royal Bank of Canada acquired a new stake in shares of AleAnna during the first quarter valued at approximately $242,000. Finally, Carlson Capital L.P. lifted its position in shares of AleAnna by 7.0% in the 4th quarter. Carlson Capital L.P. now owns 92,000 shares of the company’s stock valued at $265,000 after acquiring an additional 6,000 shares in the last quarter. 38.10% of the stock is owned by institutional investors.
About AleAnna
AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy’s natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.
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