Americas Technology Acquisition (NYSEARCA:ATA) Stock Crosses Above 200-Day Moving Average of $0.00

Americas Technology Acquisition Corp. (NYSEARCA:ATA)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $10.59. Americas Technology Acquisition shares last traded at $10.59, with a volume of 200 shares changing hands.

Americas Technology Acquisition Stock Performance

The company has a 50-day moving average price of $10.59.

Hedge Funds Weigh In On Americas Technology Acquisition

A hedge fund recently raised its stake in Americas Technology Acquisition stock. Hsbc Holdings PLC lifted its position in Americas Technology Acquisition Corp. (NYSEARCA:ATA) by 4.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 562,426 shares of the company’s stock after acquiring an additional 26,000 shares during the period. Hsbc Holdings PLC owned about 3.88% of Americas Technology Acquisition worth $5,754,000 as of its most recent SEC filing. Institutional investors own 55.60% of the company’s stock.

About Americas Technology Acquisition

Americas Technology Acquisition Corp. does not have significant operations. It intends to acquire assets and businesses through a merger, share exchange, share purchase, recapitalization, reorganization, or similar business combination in the technology, media, and telecommunications sector. The company was incorporated in 2020 and is based in Dallas, Texas.