Montana Technologies Co. (NASDAQ:AIRJ – Get Free Report)’s share price was up 2.1% on Monday . The company traded as high as $6.30 and last traded at $6.25. Approximately 25,136 shares were traded during trading, a decline of 65% from the average daily volume of 72,387 shares. The stock had previously closed at $6.12.
Montana Technologies Stock Up 2.1 %
The company has a 50 day moving average of $6.00 and a 200-day moving average of $8.98.
Montana Technologies (NASDAQ:AIRJ – Get Free Report) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $0.24 earnings per share for the quarter.
Insiders Place Their Bets
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP bought a new position in Montana Technologies in the second quarter worth $81,000. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Montana Technologies in the 2nd quarter worth about $160,000. Finally, K2 Principal Fund L.P. bought a new position in shares of Montana Technologies in the 1st quarter worth about $948,000. Hedge funds and other institutional investors own 63.65% of the company’s stock.
About Montana Technologies
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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