Quetta Acquisition (NASDAQ:QETA – Get Free Report) announced its quarterly earnings data on Friday. The company reported $0.24 earnings per share for the quarter, FiscalAI reports.
Quetta Acquisition Stock Performance
Shares of QETA traded down $0.22 during midday trading on Friday, hitting $11.52. The stock had a trading volume of 997 shares, compared to its average volume of 37. The business has a 50-day simple moving average of $11.58 and a two-hundred day simple moving average of $11.55. Quetta Acquisition has a fifty-two week low of $10.82 and a fifty-two week high of $13.07.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Quetta Acquisition in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Quetta Acquisition presently 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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