150,201 Shares in SUMA Acquisition Corporation $SUMA Bought by Lineage Point Capital LP

Lineage Point Capital LP acquired a new position in SUMA Acquisition Corporation (NASDAQ:SUMA) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 150,201 shares of the company’s stock, valued at approximately $1,517,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on shares of SUMA Acquisition in a report on Thursday, August 13th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

SUMA Acquisition Stock Performance

SUMA Acquisition stock opened at $9.95 on Friday. The business has a fifty day moving average of $9.93. SUMA Acquisition Corporation has a 12 month low of $9.83 and a 12 month high of $9.97.

SUMA Acquisition Profile

Suma Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.