K Wave Media (NASDAQ:KWM – Get Free Report) issued its quarterly earnings results on Saturday. The company reported ($0.92) earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $15.70 million for the quarter.
K Wave Media Stock Performance
Shares of KWM stock opened at $0.27 on Monday. The company has a 50 day moving average of $0.48 and a 200-day moving average of $0.71. K Wave Media has a 12-month low of $0.27 and a 12-month high of $8.48.
Institutional Investors Weigh In On K Wave Media
An institutional investor recently bought a new position in K Wave Media stock. Jane Street Group LLC purchased a new position in shares of K Wave Media, Ltd. (NASDAQ:KWM – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 12,101 shares of the company’s stock, valued at approximately $41,000. Jane Street Group LLC owned about 0.42% of K Wave Media as of its most recent SEC filing. Institutional investors 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.
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