Alta Global Group (NYSE:MMA) Trading Down 1.9% – Here’s What Happened

Alta Global Group Limited (NYSE:MMA)’s share price fell 1.9% during mid-day trading on Thursday . The company traded as low as $1.03 and last traded at $1.03. 30,230 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 124,503 shares. The stock had previously closed at $1.05.

Alta Global Group Price Performance

The stock’s fifty day moving average price is $1.20 and its two-hundred day moving average price is $1.24.

Institutional Trading of Alta Global Group

An institutional investor recently bought a new position in Alta Global Group stock. Nations Financial Group Inc. IA ADV acquired a new stake in Alta Global Group Limited (NYSE:MMA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 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.