Southport Acquisition Corp (NYSE:ANGX – Get Free Report) shares traded up 5.3% during mid-day trading on Monday . The stock traded as high as $5.39 and last traded at $5.34. 354,663 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 1,030,322 shares. The stock had previously closed at $5.07.
Analyst Ratings Changes
Several equities analysts recently commented on ANGX shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Southport Acquisition in a research report on Monday, December 8th. Wall Street Zen cut shares of Southport Acquisition to a “strong sell” rating in a research note on Thursday, November 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Southport Acquisition currently has an average rating of “Sell”.
Check Out Our Latest Research Report on ANGX
Southport Acquisition Stock Up 4.5%
About Southport Acquisition
Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of financial software space with a focus on mortgage and real estate verticals.
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