Lafayette Digital Acquisition Corp. I (NASDAQ:ZKP) Announces Quarterly Earnings Results

Lafayette Digital Acquisition Corp. I (NASDAQ:ZKP) posted its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, FiscalAI reports.

Lafayette Digital Acquisition Corp. I Stock Performance

Lafayette Digital Acquisition Corp. I stock opened at $10.08 on Friday. The business has a 50-day simple moving average of $10.05 and a 200 day simple moving average of $9.97. Lafayette Digital Acquisition Corp. I has a 52 week low of $9.85 and a 52 week high of $10.07.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Lafayette Digital Acquisition Corp. I in a report on Friday, October 30th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Lafayette Digital Acquisition Corp. I presently has a consensus rating of “Sell”.

Institutional Trading of Lafayette Digital Acquisition Corp. I

A number of large investors have recently modified their holdings of ZKP. RLH Capital LLC purchased a new position in shares of Lafayette Digital Acquisition Corp. I during the third quarter worth about $607,000. First Trust Capital Management L.P. purchased a new stake in Lafayette Digital Acquisition Corp. I in the third quarter valued at approximately $5,015,000. Harraden Circle Investments LLC purchased a new stake in Lafayette Digital Acquisition Corp. I in the second quarter valued at approximately $584,000. Finally, Lineage Point Capital LP purchased a new stake in Lafayette Digital Acquisition Corp. I in the second quarter valued at approximately $1,174,000.

Lafayette Digital Acquisition Corp. I Company Profile

Lafayette Digital Acquisition Corp. I is a special purpose acquisition company, or SPAC, formed to pursue a merger, acquisition, or similar business combination with an operating business. As a SPAC, it does not have a separately described portfolio of products or services. Its business is centered on identifying and completing a transaction with a target company. I could not verify reliable details about its target-sector strategy, geographic focus, or leadership, so those specifics are not included here.