GABELLI & Co INVESTMENT ADVISERS INC. lowered its holdings in Columbus Acquisition Corp/Cayman Islands (NASDAQ:COLA – Free Report) by 64.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 51,550 shares of the company’s stock after selling 93,150 shares during the quarter. GABELLI & Co INVESTMENT ADVISERS INC.’s holdings in Columbus Acquisition Corp/Cayman Islands were worth $536,000 as of its most recent filing with the Securities & Exchange Commission.
Analyst Ratings Changes
Separately, Weiss Ratings began coverage on shares of Columbus Acquisition Corp/Cayman Islands in a research report on Monday, January 26th. They issued a “sell (d-)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.
Read Our Latest Research Report on COLA
Columbus Acquisition Corp/Cayman Islands Stock Performance
Columbus Acquisition Corp/Cayman Islands (NASDAQ:COLA – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.01 earnings per share for the quarter.
Columbus Acquisition Corp/Cayman Islands Company Profile
Columbus Acquisition Corp/Cayman Islands (NASDAQ: COLA) is a Cayman Islands–incorporated special purpose acquisition company (SPAC) listed on the Nasdaq stock exchange. As a blank-check company, its stated principal business purpose is to raise capital through an initial public offering and to seek one or more business combinations, acquisitions, mergers, or similar transactions that would result in a change of business, operations or management for the combined company.
The company does not operate an ongoing commercial business or produce products or services in the way an operating company does.
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