AleAnna (NASDAQ:ANNA – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.06 earnings per share for the quarter, FiscalAI reports. AleAnna had a return on equity of 10.22% and a net margin of 17.43%.The firm had revenue of $10.22 million during the quarter.
AleAnna Stock Performance
Shares of AleAnna stock traded down $0.06 during trading hours on Thursday, reaching $2.52. The company’s stock had a trading volume of 100,054 shares, compared to its average volume of 1,964,937. AleAnna has a one year low of $2.31 and a one year high of $10.64. The company’s 50 day simple moving average is $2.98 and its 200 day simple moving average is $3.64. The stock has a market cap of $168.29 million, a P/E ratio of 18.04 and a beta of -1.62.
Wall Street Analyst Weigh In
Separately, Weiss Ratings upgraded AleAnna from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, June 12th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
Institutional Investors Weigh In On AleAnna
Several institutional investors and hedge funds have recently bought and sold shares of the business. Keel Point LLC acquired a new position in AleAnna in the second quarter valued at approximately $79,000. Goldman Sachs Group Inc. acquired a new stake in shares of AleAnna during the 1st quarter worth approximately $94,000. Wesbanco Bank Inc. bought a new stake in shares of AleAnna in the 1st quarter worth approximately $166,000. Royal Bank of Canada bought a new stake in shares of AleAnna in the 1st quarter worth approximately $242,000. Finally, Carlson Capital L.P. boosted its position in AleAnna by 7.0% during the 4th quarter. Carlson Capital L.P. now owns 92,000 shares of the company’s stock valued at $265,000 after purchasing an additional 6,000 shares during the period. Institutional investors and hedge funds own 38.10% of the company’s stock.
About AleAnna
AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy’s natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.
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