Black Hawk Acquisition (NASDAQ:BKHA) Posts Earnings Results

Black Hawk Acquisition (NASDAQ:BKHA – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.26 EPS for the quarter, FiscalAI reports.

Black Hawk Acquisition Price Performance

NASDAQ BKHA traded down $0.03 during trading hours on Wednesday, hitting $12.25. 1,945 shares of the company were exchanged, compared to its average volume of 5,593. The company has a 50 day moving average of $11.98 and a two-hundred day moving average of $11.98. Black Hawk Acquisition has a 52-week low of $11.00 and a 52-week high of $13.10.

Institutional Trading of Black Hawk Acquisition

A hedge fund recently raised its position in Black Hawk Acquisition stock. Clear Street Group Inc. boosted its position in Black Hawk Acquisition Corporation (NASDAQ:BKHA – Free Report) by 11.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,031 shares of the company’s stock after acquiring an additional 6,158 shares during the quarter. Clear Street Group Inc. owned 1.42% of Black Hawk Acquisition worth $664,000 at the end of the most recent quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Black Hawk Acquisition in a research report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Black Hawk Acquisition has an average rating of “Sell”.

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About Black Hawk Acquisition

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Black Hawk Acquisition Corporation (NASDAQ: BKHA) is a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination with an operating company, such as a merger, acquisition, stock purchase, or similar transaction.

As a blank-check company, Black Hawk Acquisition does not have established operating businesses, products, or services of its own. Its activities are focused on evaluating potential acquisition opportunities and completing a transaction that would result in a combined public company.

Publicly available information about Black Hawk Acquisition’s specific target industry, geographic focus, and leadership is limited.

Further Reading

Earnings History for Black Hawk Acquisition (NASDAQ:BKHA)

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