How have the shares performed?
Sports Entertainment Acquisition Corp. (SEAH) saw an uptrend of 0.10% in the recent trading with $10.11 being its most recent. The current price level -6.82% lower than the highest price of $10.85 marked by the stock while trading over the past 52-weeks, whereas it is 5.42% higher than the lowest price of $9.59 the company dropped to over past 52-weeks. The latest news story on SEAH appeared in Business Wire under the title “Super Groups Betway Executes Multiyear Partnership With The National Hockey League” on May-14-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -3.53% below one month high and is +1.51% above of the lowest during that time. Looking into the simple moving average, Sports Entertainment Acquisition Corp. (SEAH)’s stock stands at a SMA-50 of $10.04 while that of 5-day is reading $10.19.
Sports Entertainment Acquisition Corp. Earnings – What Happened With SEAH
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
SEAH – Sports Entertainment Acquisition Corp. Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 56.25 million. SEAH does have institutional investors; and they hold 74.60% of the stock.
Sports Entertainment Acquisition Corp. – Insider Activity and Holdings
As on Mar 30, 2021, HGC Investment Management Inc. was the top most holder in Sports Entertainment Acquisition Corp. (NYSE:SEAH) with an ownership of 2.32 million shares of the company or 5.15% of the stake worth $22.65 million. The filing also reveals Millennium Management LLC as the second largest holder in the company with a control over 4.84% of the outstanding shares. Its stake is worth $21.28 million for having 2.18 million shares in hand.
Anson Funds Management LP also came holding a key position in the company during the recent quarter and it now holds 4.55% of the outstanding shares. With this there are now 96 institutions which have possession in SEAH’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Sports Entertainment Acquisition Corp. has a debt to equity ratio of 0.00.
Technical Analysis of Sports Entertainment Acquisition Corp. (NYSE:SEAH) stock