Harvard Ave Acquistion (NASDAQ:HAVA) Issues Earnings Results

by · The Markets Daily

Harvard Ave Acquistion (NASDAQ:HAVA – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.05 earnings per share (EPS) for the quarter, FiscalAI reports.

Harvard Ave Acquistion Stock Up 0.4%

Shares of HAVA traded up $0.04 during trading hours on Friday, reaching $10.33. 104,024 shares of the company traded hands, compared to its average volume of 52,466. The stock has a fifty day simple moving average of $10.25 and a 200 day simple moving average of $10.12. Harvard Ave Acquistion has a fifty-two week low of $9.87 and a fifty-two week high of $10.30.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Context Capital Management LLC purchased a new stake in shares of Harvard Ave Acquistion during the third quarter worth about $3,072,000. Sona Asset Management US LLC acquired a new position in shares of Harvard Ave Acquistion in the first quarter valued at approximately $4,106,000. Polar Asset Management Partners Inc. acquired a new position in shares of Harvard Ave Acquistion in the first quarter valued at approximately $7,506,000. Finally, Whitebox Advisors LLC acquired a new position in shares of Harvard Ave Acquistion in the first quarter valued at approximately $7,508,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Harvard Ave Acquistion from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 10th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has an average rating of “Sell”.

Read Our Latest Analysis on HAVA

About Harvard Ave Acquistion

(Get Free Report)

Harvard Ave Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, or similar transaction.

As a blank-check company, Harvard Ave Acquisition does not operate a traditional business or offer products and services of its own. Its activities are focused on evaluating potential acquisition opportunities and completing an initial business combination.

Publicly available information about the company’s target industry, geographic focus, completed transactions and leadership is limited.

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