Pensare Acquisition Corp (NASDAQ:WRLS)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $10.39 and last traded at $10.39, with a volume of 4800 shares trading hands. The stock had previously closed at $10.33.
The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.20.
Hedge funds have recently made changes to their positions in the business. Mizuho Securities USA LLC grew its holdings in Pensare Acquisition by 119.8% during the fourth quarter. Mizuho Securities USA LLC now owns 1,200,500 shares of the technology company’s stock valued at $12,161,000 after purchasing an additional 654,244 shares during the last quarter. Havens Advisors LLC acquired a new stake in shares of Pensare Acquisition in the first quarter worth $359,000. City Financial Investment Co Ltd grew its stake in shares of Pensare Acquisition by 20.0% in the fourth quarter. City Financial Investment Co Ltd now owns 2,400,000 shares of the technology company’s stock worth $24,312,000 after acquiring an additional 400,000 shares during the last quarter. HGC Investment Management Inc. grew its stake in shares of Pensare Acquisition by 34.6% in the fourth quarter. HGC Investment Management Inc. now owns 1,915,217 shares of the technology company’s stock worth $19,396,000 after acquiring an additional 492,181 shares during the last quarter. Finally, BlueCrest Capital Management Ltd acquired a new stake in shares of Pensare Acquisition in the first quarter worth $3,301,000. Institutional investors own 61.92% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Pensare Acquisition (WRLS) Reaches New 1-Year High at $10.39” was originally published by WKRB News and is owned by of WKRB News. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://www.wkrb13.com/2019/05/16/pensare-acquisition-wrls-reaches-new-1-year-high-at-10-39.html.
Pensare Acquisition Corp. does not have significant operations. It intends to enter into a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the United States. It plans to focus on businesses in the wireless telecommunications industry.
Further Reading: Net Margin – Understanding the Different Kinds of Profit
Receive News & Ratings for Pensare Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pensare Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.