<div id="readability-page-1"><p>Southport Acquisition (NYSE:ANGX - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $999.00 EPS for the quarter, Zacks reports.</p><div><p><span></span><span>Get <strong>Southport Acquisition</strong> alerts:</span></p></div><h2>Southport Acquisition Trading Up 1.0%</h2><p>ANGX stock traded up $0.03 during trading on Thursday, reaching $2.59. 1,395,868 shares of the stock were exchanged, compared to its average volume of 1,067,641. Southport Acquisition has a twelve month low of $2.05 and a twelve month high of $20.39. The firm has a market capitalization of $438.18 million, a P/E ratio of -3.86 and a beta of 0.22. The business's 50 day simple moving average is $3.23. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.62 and a quick ratio of 0.61. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts recently weighed in on the company. Maxim Group assumed coverage on Southport Acquisition in a research report on Thursday, January 22nd. They set a &#34;buy&#34; rating and a $9.00 target price on the stock. Texas Capital raised Southport Acquisition to a &#34;strong-buy&#34; rating in a research report on Tuesday, February 24th. Weiss Ratings  reissued a &#34;sell (e+)&#34; rating on shares of Southport Acquisition in a research report on Friday, March 27th. Finally, B. Riley Financial assumed coverage on Southport Acquisition in a research report on Wednesday, February 25th. They set a &#34;buy&#34; rating and a $7.00 target price on the stock. One analyst  has rated the stock with a Strong Buy rating, four have assigned  a Buy rating, one  has given a Hold rating and one  has issued  a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $8.25.</p><p><b>View Our Latest Stock Report on Southport Acquisition</b></p><h2>About Southport Acquisition</h2> (Get Free Report)<p>Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of financial software space with a focus on mortgage and real estate verticals. The company was incorporated in 2021 and is based in Del Mar, California. </p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Southport Acquisition</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Southport Acquisition Right Now?</h2><p>Before you consider Southport Acquisition, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Southport Acquisition wasn't on the list.</p><p>While Southport Acquisition currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Southport Acquisition (NYSE:ANGX) reported earnings of $999.00 EPS for the quarter. The stock rose 1.0% to $2.59, with a market cap of $438.18 million. Analysts have mixed ratings, with one Strong Buy, four Buy, one Hold, and one Sell. The average price target is $8.25. The company focuses on mergers and acquisitions in the financial software sector, particularly in mortgage and real estate. It was incorporated in 2021 and is based in Del Mar, California.</p>

Southport Acquisition (NYSE:ANGX) Posts Earnings Results