Logistics Innovation Technologies Corp. (NASDAQ:LITTU – Get Rating)’s stock price shot up 0.1% on Tuesday . The stock traded as high as $10.20 and last traded at $10.18. 1,102 shares changed hands during trading, a decline of 97% from the average session volume of 38,091 shares. The stock had previously closed at $10.17.
Logistics Innovation Technologies Stock Up 0.1 %
The stock has a 50-day simple moving average of $10.20 and a 200-day simple moving average of $9.99.
Hedge Funds Weigh In On Logistics Innovation Technologies
A number of hedge funds have recently modified their holdings of the stock. Clear Street LLC acquired a new stake in shares of Logistics Innovation Technologies in the third quarter valued at about $57,000. UBS Group AG acquired a new position in shares of Logistics Innovation Technologies during the second quarter worth $90,000. Cubist Systematic Strategies LLC acquired a new stake in Logistics Innovation Technologies in the third quarter valued at $98,000. Landscape Capital Management LLC increased its holdings in Logistics Innovation Technologies by 7.5% in the third quarter. Landscape Capital Management LLC now owns 21,500 shares of the company’s stock valued at $211,000 after purchasing an additional 1,500 shares during the period. Finally, Condor Capital Management raised its position in shares of Logistics Innovation Technologies by 28.3% in the 4th quarter. Condor Capital Management now owns 22,622 shares of the company’s stock worth $225,000 after acquiring an additional 4,984 shares in the last quarter.
About Logistics Innovation Technologies
(Get Rating)
Logistics Innovation Technologies Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire businesses serving the senior market or capable of being repositioned to do so.
Further Reading
Receive News & Ratings for Logistics Innovation Technologies Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Logistics Innovation Technologies and related companies with MarketBeat.com’s FREE daily email newsletter.