K Wave Media (NASDAQ:KWM) Issues Earnings Results
by Teresa Graham · The Cerbat GemK Wave Media (NASDAQ:KWM – Get Free Report) issued its quarterly earnings data on Saturday. The company reported ($0.92) earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of $15.70 million during the quarter.
K Wave Media Stock Performance
KWM traded down $0.01 during trading on Friday, reaching $0.27. 175,627 shares of the company were exchanged, compared to its average volume of 985,896. The company’s 50-day moving average is $0.48 and its two-hundred day moving average is $0.72. K Wave Media has a 12-month low of $0.27 and a 12-month high of $8.48.
Institutional Trading of K Wave Media
An institutional investor recently bought a new position in K Wave Media stock. Jane Street Group LLC purchased a new stake in K Wave Media, Ltd. (NASDAQ:KWM – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,101 shares of the company’s stock, valued at approximately $41,000. Jane Street Group LLC owned approximately 0.42% of K Wave Media as of its most recent SEC filing. Institutional investors and hedge funds own 62.18% of the company’s stock.
K Wave Media Company Profile
K Wave Media engaged in the entertainment content and IP creation businesses. K Wave Media, formerly known as Global Star Acquisition Inc, is based in NEW YORK.