NewGen Asset Management Ltd Invests $192,000 in AleAnna Inc – Class A (NASDAQ:ANNA)

NewGen Asset Management Ltd acquired a new position in AleAnna Inc – Class A (NASDAQ:ANNA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,283 shares of the company’s stock, valued at approximately $192,000. AleAnna Inc – Class A comprises 0.2% of NewGen Asset Management Ltd’s investment portfolio, making the stock its 24th biggest holding. NewGen Asset Management Ltd owned 0.41% of AleAnna Inc – Class A as of its most recent filing with the Securities & Exchange Commission.

Separately, Decagon Asset Management LLP purchased a new stake in AleAnna Inc – Class A in the fourth quarter valued at approximately $3,390,000. Institutional investors own 38.10% of the company’s stock.

AleAnna Inc – Class A Stock Down 15.9 %

NASDAQ:ANNA opened at $9.75 on Friday. AleAnna Inc – Class A has a 52 week low of $4.71 and a 52 week high of $18.70. The company has a market cap of $649.15 million, a price-to-earnings ratio of -487.50 and a beta of 0.30. The firm’s fifty day moving average price is $8.68.

AleAnna Inc – Class A Company Profile

AleAnna, Inc engages in oil and gas exploration and production activities. It focuses on Italy’s natural gas reserves and developing renewable energy solutions. The company was founded in 2007 and is headquartered in Dallas, TX.