Alta Global Group (NYSE:MMA) Shares Down 2.1% – Here’s What Happened

Alta Global Group Limited (NYSE:MMA)’s stock price was down 2.1% on Thursday . The company traded as low as $0.5646 and last traded at $0.5984. Approximately 149,241 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 287,783 shares. The stock had previously closed at $0.6112.

Alta Global Group Price Performance

The firm’s fifty day moving average price is $0.97 and its 200 day moving average price is $1.18.

Institutional Trading of Alta Global Group

A hedge fund recently bought a new stake in Alta Global Group stock. Nations Financial Group Inc. IA ADV purchased a new stake in Alta Global Group Limited (NYSE:MMA) during the third quarter, according to its most recent filing with the SEC. The firm purchased 100,000 shares of the company’s stock, valued at approximately $152,000.

About Alta Global Group

Our mission is to empower community driven growth in the global martial arts and combat sports sector, leveraging technology to bridge the gap between passion and participation. We are a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. While we believe martial arts and combat sport gyms have a superb in-gym product, they are ripe for transformation when it comes to building sales channels, enhancing customer onboarding, optimizing engagement and driving the growth and retention of members and membership revenues within their gym communities.