Montana Technologies (NASDAQ:AIRJ) Shares Gap Down to $13.80

Montana Technologies Co. (NASDAQ:AIRJGet Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $13.80, but opened at $13.30. Montana Technologies shares last traded at $13.80, with a volume of 1,380 shares.

Montana Technologies Stock Performance

The firm has a 50 day moving average price of $12.10.

Montana Technologies (NASDAQ:AIRJGet Free Report) last issued its quarterly earnings results on Monday, May 20th. The company reported ($0.28) EPS for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Montana Technologies stock. K2 Principal Fund L.P. purchased a new position in shares of Montana Technologies Co. (NASDAQ:AIRJFree Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 83,963 shares of the company’s stock, valued at approximately $948,000. K2 Principal Fund L.P. owned 0.47% of Montana Technologies as of its most recent filing with the Securities & Exchange Commission. 63.65% of the stock is currently owned by hedge funds and other institutional investors.

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.

Further Reading

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