Montana Technologies Co. (NASDAQ:AIRJ - Get Free Report) traded up 3.7% during mid-day trading on Friday . The company traded as high as $9.02 and last traded at $9.02. 36,443 shares were traded during mid-day trading, a decline of 53% from the average session volume of 78,253 shares. The stock had previously closed at $8.70.
Analyst Ratings Changes
Separately, HC Wainwright began coverage on shares of Montana Technologies in a report on Friday, December 20th. They set a "buy" rating and a $12.00 target price on the stock.
Read Our Latest Stock Report on AIRJ
Montana Technologies Stock Up 14.1 %
The firm's 50 day moving average is $7.71 and its two-hundred day moving average is $8.01.
Institutional Investors Weigh In On Montana Technologies
Institutional investors have recently made changes to their positions in the stock. Kovitz Investment Group Partners LLC acquired a new position in shares of Montana Technologies in the third quarter worth approximately $508,000. HighTower Advisors LLC bought a new position in Montana Technologies during the 3rd quarter worth approximately $342,000. Charles Schwab Investment Management Inc. lifted its position in shares of Montana Technologies by 14.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 69,733 shares of the company's stock worth $404,000 after purchasing an additional 8,714 shares during the period. Quarry LP bought a new stake in shares of Montana Technologies in the 2nd quarter valued at $81,000. Finally, Geode Capital Management LLC boosted its stake in shares of Montana Technologies by 2.7% in the 3rd quarter. Geode Capital Management LLC now owns 187,105 shares of the company's stock valued at $1,086,000 after purchasing an additional 4,905 shares during the last quarter. Institutional investors own 63.65% of the company's stock.
About Montana Technologies
(
Get Free Report)
Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.
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