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

Centurion Acquisition Corp. (NASDAQ:ALF)’s share price was down 0.4% during mid-day trading 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.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Centurion Acquisition in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Centurion Acquisition presently has an average rating of “Sell”.

Centurion Acquisition Price Performance

The firm’s 50-day simple moving average is $10.84 and its two-hundred day simple moving average is $10.78.

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ALF. Longfellow Investment Management Co. LLC acquired a new stake in shares of Centurion Acquisition in the 4th quarter valued at $44,000. Karpus Management Inc. acquired a new position in shares of Centurion Acquisition during the fourth quarter valued at $44,000. Citadel Advisors LLC acquired a new position in shares of Centurion Acquisition during the third quarter valued at $112,000. Radcliffe Capital Management L.P. bought a new position in Centurion Acquisition in the second quarter valued at about $162,000. Finally, Evercore Wealth Management LLC bought a new position in Centurion Acquisition in the fourth quarter valued at about $164,000.

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.