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Burtech Acquisition (NASDAQ:BRKHU) Shares Down 0%

Defense World ·  May 2, 2023 14:43

Burtech Acquisition Corp. (NASDAQ:BRKHU – Get Rating) shares traded down 0% on Monday . The stock traded as low as $10.69 and last traded at $10.69. 103 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 3,190 shares. The stock had previously closed at $10.70.

Burtech Acquisition Stock Performance

The company's 50-day moving average price is $10.30 and its 200 day moving average price is $10.22.

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Institutional Trading of Burtech Acquisition

An institutional investor recently bought a new position in Burtech Acquisition stock. State Street Corp purchased a new stake in Burtech Acquisition Corp. (NASDAQ:BRKHU – Get Rating) during the first quarter, according to its most recent filing with the SEC. The fund purchased 19,769 shares of the company's stock, valued at approximately $198,000.

Burtech Acquisition Company Profile

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Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.

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