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

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

Kochav Defense Acquisition Stock Up 0.2%

Shares of NASDAQ:KCHV traded up $0.02 during midday trading on Monday, reaching $10.55. The company’s stock had a trading volume of 284,179 shares, compared to its average volume of 39,851. The firm has a 50 day moving average of $10.48 and a 200-day moving average of $10.36. Kochav Defense Acquisition has a 12-month low of $10.11 and a 12-month high of $10.55.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Kochav Defense Acquisition

Hedge funds have recently bought and sold shares of the business. Context Capital Management LLC purchased a new position in shares of Kochav Defense Acquisition during the third quarter valued at approximately $3,666,000. BlueCrest Capital Management Ltd bought a new stake in shares of Kochav Defense Acquisition in the 2nd quarter worth approximately $940,000. Finally, Sona Asset Management US LLC purchased a new stake in shares of Kochav Defense Acquisition in the 1st quarter worth approximately $1,795,000.

About Kochav Defense Acquisition