Centurion Acquisition (NASDAQ:ALF) Shares Down 0.4% – Here’s Why

Centurion Acquisition Corp. (NASDAQ:ALF)’s share price dropped 0.4% during mid-day trading on Thursday . The company traded as low as $10.88 and last traded at $10.8490. Approximately 122 shares changed hands during trading, a decline of 65% from the average session volume of 353 shares. The stock had previously closed at $10.89.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Centurion Acquisition in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Centurion Acquisition Price Performance

The company has a 50-day moving average price of $10.84 and a 200-day moving average price of $10.78.

Centurion Acquisition (NASDAQ:ALF) last released its quarterly earnings data on Monday, May 11th. The company reported $0.07 EPS for the quarter.

Institutional Trading of Centurion Acquisition

A number of institutional investors and hedge funds have recently modified their holdings of ALF. Longfellow Investment Management Co. LLC bought a new stake in shares of Centurion Acquisition in the 4th quarter valued at about $44,000. Karpus Management Inc. bought a new position in Centurion Acquisition during the 4th quarter worth approximately $44,000. Citadel Advisors LLC bought a new position in Centurion Acquisition during the 3rd quarter worth approximately $112,000. Radcliffe Capital Management L.P. acquired a new position in Centurion Acquisition during the second quarter valued at approximately $162,000. Finally, Evercore Wealth Management LLC acquired a new position in Centurion Acquisition during the fourth quarter valued at approximately $164,000.

Centurion Acquisition Company Profile

Alfi, Inc provides Software as a Service (SaaS) solution for the digital out of home (DOOH) smart advertising segment in the United States. It offers Alfi, an artificial intelligence (AI) SaaS platform that transforms DOOH advertising into real-time audience-based marketing, as well as uses AI and computer vision to detect audience demographics, such as age and gender to serve relevant advertising. The company intends to market Alfi to advertisers, and other DOOH and out of home media operators as the first facial detection-based ad technology offering verified impressions and audience measurement based on eyes on screens.