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Keen Vision Acquisition (NASDAQ:KVAC) Trading 0.2% Higher - Still a Buy?

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Keen Vision Acquisition Co. (NASDAQ:KVAC - Get Free Report) rose 0.2% during trading on Friday . The company traded as high as $11.20 and last traded at $11.20. Approximately 226 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 69,407 shares. The stock had previously closed at $11.18.

Keen Vision Acquisition Stock Performance

The firm has a 50 day simple moving average of $11.12 and a two-hundred day simple moving average of $10.95.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in KVAC. Toronto Dominion Bank purchased a new stake in Keen Vision Acquisition in the 4th quarter valued at about $304,000. Spartan Fund Management Inc. purchased a new stake in shares of Keen Vision Acquisition during the fourth quarter valued at approximately $779,000. Yakira Capital Management Inc. bought a new stake in Keen Vision Acquisition during the fourth quarter worth $2,556,000. Finally, Quarry LP purchased a new position in Keen Vision Acquisition in the third quarter worth $4,136,000. 51.72% of the stock is owned by institutional investors.

About Keen Vision Acquisition

(Get Free Report)

Keen Vision Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, and related business combination with one or more businesses or entities. It also intends to focus on businesses in the biotechnology, consumer goods, and agriculture sectors.

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