Montana Technologies Co. (NASDAQ:AIRJ - Get Free Report)'s share price rose 4% during trading on Monday . The company traded as high as $8.28 and last traded at $8.07. Approximately 29,056 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 63,381 shares. The stock had previously closed at $7.76.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. HC Wainwright began coverage on shares of Montana Technologies in a research report on Friday, December 20th. They set a "buy" rating and a $12.00 target price for the company. Alliance Global Partners began coverage on Montana Technologies in a research report on Monday, February 24th. They set a "buy" rating and a $11.00 target price on the stock.
View Our Latest Report on Montana Technologies
Montana Technologies Stock Performance
The company's 50-day simple moving average is $8.02 and its 200 day simple moving average is $7.43.
Institutional Investors Weigh In On Montana Technologies
Several large investors have recently made changes to their positions in AIRJ. Charles Schwab Investment Management Inc. increased its holdings in Montana Technologies by 14.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 69,733 shares of the company's stock worth $404,000 after buying an additional 8,714 shares during the last quarter. HighTower Advisors LLC purchased a new stake in shares of Montana Technologies during the 3rd quarter worth approximately $342,000. Kovitz Investment Group Partners LLC bought a new stake in shares of Montana Technologies in the 3rd quarter worth approximately $508,000. Geode Capital Management LLC lifted its stake in Montana Technologies by 2.7% in the third 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. Finally, Heritage Financial Services LLC bought a new position in Montana Technologies during the fourth quarter valued at $99,000. 63.65% of the stock is owned by hedge funds and other institutional investors.
Montana Technologies Company Profile
(
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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