Keyarch Acquisition Co. (NASDAQ:KYCH – Get Free Report) traded up 0.3% during mid-day trading on Wednesday . The stock traded as high as $10.73 and last traded at $10.73. 156 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 51,782 shares. The stock had previously closed at $10.70.
Keyarch Acquisition Stock Performance
The stock has a 50-day moving average of $10.64 and a 200-day moving average of $10.54.
Hedge Funds Weigh In On Keyarch Acquisition
Several hedge funds and other institutional investors have recently modified their holdings of KYCH. Goldman Sachs Group Inc. bought a new stake in Keyarch Acquisition in the 1st quarter valued at about $629,000. Fir Tree Capital Management LP acquired a new stake in Keyarch Acquisition in the 1st quarter valued at approximately $1,958,000. Saba Capital Management L.P. bought a new stake in Keyarch Acquisition during the 1st quarter valued at $3,269,000. Radcliffe Capital Management L.P. acquired a new position in Keyarch Acquisition during the 1st quarter worth $2,048,000. Finally, Polar Asset Management Partners Inc. acquired a new position in Keyarch Acquisition during the 1st quarter worth $2,925,000. Institutional investors and hedge funds own 69.82% of the company’s stock.
About Keyarch Acquisition
Keyarch Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on disruptive technology and innovative services companies worldwide.
- Five stocks we like better than Keyarch Acquisition
- Stock Analyst Ratings and Canadian Analyst Ratings
- 3 large caps with red hot RSIs with upside
- Dividend Capture Strategy: What You Need to Know
- Johnson Controls International: Nothing but upside for investors
- Health Care Stocks Explained: Why You Might Want to Invest
- Unity Software’s resilient rebound post-earnings setback
Receive News & Ratings for Keyarch Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keyarch Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.