UY Scuti Acquisition (NASDAQ:UYSC – Get Free Report) released its quarterly earnings data on Friday. The company reported $0.10 earnings per share (EPS) for the quarter, FiscalAI reports.
UY Scuti Acquisition Price Performance
Shares of UY Scuti Acquisition stock traded down $0.00 on Friday, reaching $11.04. The company had a trading volume of 308 shares. The firm’s 50-day moving average price is $10.97 and its two-hundred day moving average price is $10.68. UY Scuti Acquisition has a 1 year low of $10.19 and a 1 year high of $11.75.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of UY Scuti Acquisition in a research report on Thursday, August 27th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.
Hedge Funds Weigh In On UY Scuti Acquisition
A hedge fund recently bought a new stake in UY Scuti Acquisition stock. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in UY Scuti Acquisition Corp. (NASDAQ:UYSC – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 57,800 shares of the company’s stock, valued at approximately $636,000. GABELLI & Co INVESTMENT ADVISERS INC. owned 0.87% of UY Scuti Acquisition at the end of the most recent quarter.
UY Scuti Acquisition Company Profile
UY Scuti Acquisition Corp. is a special purpose acquisition company, or blank-check company. It was formed to identify and combine with another business through a merger, share exchange, asset acquisition, or similar transaction. The company does not have established operating businesses, products, or services of its own. Its business is focused on seeking a suitable target for a potential business combination. UY Scuti is incorporated in the Cayman Islands. Further details about its target industry, geographic focus, and leadership are not included here.
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