Viking Acquisition Corp. I (NYSE:VACI) Trading Down 7.6% – What’s Next?

Viking Acquisition Corp. I (NYSE:VACI)’s stock price traded down 7.6% during mid-day trading on Wednesday . The stock traded as low as $6.30 and last traded at $6.3320. Approximately 11,508 shares were traded during mid-day trading, a decline of 97% from the average session volume of 352,987 shares. The stock had previously closed at $6.85.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on Viking Acquisition Corp. I in a report on Friday, September 4th. They issued a “sell (d-)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Viking Acquisition Corp. I Trading Up 1.7%

The business’s fifty day moving average price is $9.81.

Viking Acquisition Corp. I (NYSE:VACI) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.03 EPS for the quarter.

Institutional Trading of Viking Acquisition Corp. I

A hedge fund recently bought a new position in Viking Acquisition Corp. I stock. Sona Asset Management US LLC purchased a new stake in Viking Acquisition Corp. I (NYSE:VACI) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 128,614 shares of the company’s stock, valued at approximately $1,277,000. Sona Asset Management US LLC owned approximately 0.54% of Viking Acquisition Corp. I as of its most recent SEC filing.

About Viking Acquisition Corp. I

Viking Acquisition Corp I is a blank check company.