On Monday, Americas Technology Acquisition Corp. (NYSEARCA:ATA) experienced a significant milestone as its shares crossed above the 200-day moving average during trading. The stock reached an all-time high of $10.59, which is also the same as its 200-day moving average. The shares last traded at $10.59 with a volume of just 200 shares.
Despite not having any significant operations of its own, Americas Technology Acquisition Corp. operates in the technology, media, and telecommunications sector through mergers, share exchanges, or other similar transactions. The company was founded in 2020 and is headquartered in Dallas, Texas.
A recent institutional trading activity saw Glazer Capital LLC increase its stake in the company by 458.1% in the first quarter. The firm now owns 649,087 shares of Americas Technology Acquisition Corp.’s stock, representing about 4.48% of the company’s worth at $6,673,000.
If you are interested in learning more about this exciting company or staying up to date on market news and analyst ratings for Americas Technology Acquisition Corp., sign up for MarketBeat’s free daily email newsletter today!
