Alta Global Group (NYSE:MMA) Trading Down 2.1% – What’s Next?

Alta Global Group Limited (NYSE:MMA)’s stock price was down 2.1% during trading on Thursday . The stock traded as low as $0.5646 and last traded at $0.5984. Approximately 149,241 shares traded hands during trading, a decline of 48% from the average daily volume of 287,783 shares. The stock had previously closed at $0.6112.

Alta Global Group Stock Performance

The business’s 50 day moving average price is $0.96 and its 200-day moving average price is $1.18.

Hedge Funds Weigh In On Alta Global Group

A hedge fund recently bought a new stake in Alta Global Group stock. Nations Financial Group Inc. IA ADV purchased a new stake in Alta Global Group Limited (NYSE:MMA) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $152,000.

Alta Global Group Company Profile

Our mission is to empower community driven growth in the global martial arts and combat sports sector, leveraging technology to bridge the gap between passion and participation. We are a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. While we believe martial arts and combat sport gyms have a superb in-gym product, they are ripe for transformation when it comes to building sales channels, enhancing customer onboarding, optimizing engagement and driving the growth and retention of members and membership revenues within their gym communities.