Centurion Acquisition (NASDAQ:ALF) Shares Down 0.4% – Here’s Why

Centurion Acquisition Corp. (NASDAQ:ALF) shares traded down 0.4% on Thursday . The stock traded as low as $10.88 and last traded at $10.8490. 122 shares were traded during trading, a decline of 65% from the average daily volume of 353 shares. The stock had previously closed at $10.89.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Centurion Acquisition in a report on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Centurion Acquisition Stock Performance

The firm has a 50 day simple moving average of $10.84 and a two-hundred day simple moving average of $10.78.

Centurion Acquisition (NASDAQ:ALF) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.07 earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Verition Fund Management LLC grew its stake in shares of Centurion Acquisition by 2.8% during the third quarter. Verition Fund Management LLC now owns 93,479 shares of the company’s stock worth $986,000 after buying an additional 2,548 shares during the last quarter. Karpus Management Inc. acquired a new stake in shares of Centurion Acquisition during the 4th quarter valued at $44,000. Longfellow Investment Management Co. LLC acquired a new stake in shares of Centurion Acquisition during the 4th quarter valued at $44,000. Hudson Bay Capital Management LP grew its position in Centurion Acquisition by 3.8% during the 2nd quarter. Hudson Bay Capital Management LP now owns 259,610 shares of the company’s stock worth $2,747,000 after acquiring an additional 9,610 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in Centurion Acquisition during the 3rd quarter worth $112,000.

About Centurion Acquisition

Alfi, Inc provides Software as a Service (SaaS) solution for the digital out of home (DOOH) smart advertising segment in the United States. It offers Alfi, an artificial intelligence (AI) SaaS platform that transforms DOOH advertising into real-time audience-based marketing, as well as uses AI and computer vision to detect audience demographics, such as age and gender to serve relevant advertising. The company intends to market Alfi to advertisers, and other DOOH and out of home media operators as the first facial detection-based ad technology offering verified impressions and audience measurement based on eyes on screens.