Sports Entertainment Acquisition Corp. (NYSE:SEAH) was the recipient of unusually large options trading activity on Thursday. Investors purchased 33,201 call options on the company. This represents an increase of approximately 262% compared to the average volume of 9,169 call options.
Separately, Benchmark assumed coverage on shares of Sports Entertainment Acquisition in a research report on Tuesday, November 30th. They set a “buy” rating and a $16.00 target price on the stock.
NYSE SEAH opened at $9.97 on Friday. The firm’s 50 day simple moving average is $10.48 and its 200 day simple moving average is $10.20. Sports Entertainment Acquisition has a 1 year low of $9.59 and a 1 year high of $12.48.
About Sports Entertainment Acquisition
Sports Entertainment Acquisition Corp. 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 focus its search on the sports and entertainment sectors. The company was incorporated in 2020 and is based in North Palm Beach, Florida.
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