Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCB – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $24.98 and traded as low as $24.98. Sachem Capital Corp. 7.125% Not shares last traded at $24.98, with a volume of 400 shares trading hands.
Sachem Capital Corp. 7.125% Not Price Performance
The firm’s 50 day moving average price is $24.98 and its two-hundred day moving average price is $24.98.
About Sachem Capital Corp. 7.125% Not
Sachem Capital Corp. is a special purpose acquisition company organized under the laws of the State of Delaware in June 2020. As a blank check company, it was formed with the sole purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. To date, Sachem Capital Corp. has not announced a definitive business combination target.
In December 2020, the company completed its initial public offering of 30,000,000 units at a price of $10.00 per unit, raising gross proceeds of $300 million.
Featured Articles
- Five stocks we like better than Sachem Capital Corp. 7.125% Not
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Receive News & Ratings for Sachem Capital Corp. 7.125% Not Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sachem Capital Corp. 7.125% Not and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
