Quetta Acquisition (NASDAQ:QETA – Get Free Report) issued its earnings results on Friday. The company reported $0.24 earnings per share (EPS) for the quarter, FiscalAI reports.
Quetta Acquisition Stock Performance
Shares of QETA stock traded down $0.22 on Friday, reaching $11.52. The company had a trading volume of 997 shares, compared to its average volume of 42. The company has a 50-day moving average of $11.58 and a 200-day moving average of $11.55. Quetta Acquisition has a 12 month low of $10.82 and a 12 month high of $13.07.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Quetta Acquisition in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Quetta Acquisition currently has a consensus rating of “Sell”.
About Quetta Acquisition
Quetta Acquisition Corporation focuses on effecting a merger, capital stock exchange, share purchase, asset acquisition, recapitalization, reorganization, or related business combination with one or more businesses. It intends to focus on financial technology sector in Asia. The company was incorporated in 2023 and is based in New York, New York.
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