Primavera Capital Acquisition Co. (NYSE:PV – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $1.35 and last traded at $1.54, with a volume of 25556 shares changing hands. The stock had previously closed at $1.40.
Primavera Capital Acquisition Price Performance
The firm has a 50 day moving average of $2.21 and a two-hundred day moving average of $3.17. The stock has a market cap of $82.78 million, a PE ratio of 4.67 and a beta of 0.01.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Basso Capital Management L.P. purchased a new position in Primavera Capital Acquisition during the first quarter worth about $121,000. Bank of America Corp DE purchased a new position in Primavera Capital Acquisition during the first quarter worth about $185,000. Kohlberg Kravis Roberts & Co. L.P. lifted its position in Primavera Capital Acquisition by 473.5% during the first quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 122,235 shares of the company’s stock worth $1,202,000 after buying an additional 100,922 shares during the period. Nomura Holdings Inc. lifted its position in Primavera Capital Acquisition by 10.7% during the first quarter. Nomura Holdings Inc. now owns 377,118 shares of the company’s stock worth $3,711,000 after buying an additional 36,441 shares during the period. Finally, Westchester Capital Management LLC purchased a new position in Primavera Capital Acquisition during the third quarter worth about $4,712,000. Institutional investors and hedge funds own 49.98% of the company’s stock.
Primavera Capital Acquisition Company Profile
Primavera Capital Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in consumer companies China. The company was incorporated in 2020 and is based in Central, Hong Kong.
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