CENAQ Energy Corp. (NASDAQ:CENQU – Get Rating)’s share price was down 0.2% during mid-day trading on Thursday . The stock traded as low as $10.10 and last traded at $10.10. Approximately 102 shares changed hands during trading, a decline of 100% from the average daily volume of 20,610 shares. The stock had previously closed at $10.12.
The firm’s 50-day moving average price is $10.15 and its 200-day moving average price is $10.15.
Several institutional investors have recently added to or reduced their stakes in the company. Ancora Advisors LLC bought a new stake in CENAQ Energy in the third quarter worth $50,000. State Street Corp bought a new stake in CENAQ Energy in the fourth quarter worth $155,000. Hudson Bay Capital Management LP bought a new position in CENAQ Energy during the third quarter valued at $161,000. Marshall Wace LLP bought a new position in CENAQ Energy during the third quarter valued at $437,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in CENAQ Energy during the third quarter valued at $503,000.
CENAQ Energy Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify, acquire, and operate a business in the energy industry in North America.
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