Kochav Defense Acquisition (NASDAQ:KCHV) Announces Quarterly Earnings Results

by · The Markets Daily

Kochav Defense Acquisition (NASDAQ:KCHV – Get Free Report) posted its earnings results on Monday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports.

Kochav Defense Acquisition Price Performance

KCHV stock opened at $10.54 on Tuesday. Kochav Defense Acquisition has a 12 month low of $10.11 and a 12 month high of $10.55. The firm has a 50 day moving average of $10.48 and a two-hundred day moving average of $10.36.

Institutional Trading of Kochav Defense Acquisition

Several hedge funds have recently added to or reduced their stakes in the business. Context Capital Management LLC acquired a new stake in shares of Kochav Defense Acquisition during the 3rd quarter worth approximately $3,666,000. BlueCrest Capital Management Ltd bought a new stake in shares of Kochav Defense Acquisition in the 2nd quarter valued at about $940,000. Finally, Sona Asset Management US LLC bought a new position in Kochav Defense Acquisition during the first quarter worth about $1,795,000.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Kochav Defense Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Sell”.

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Kochav Defense Acquisition Company Profile

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