Wall Street Zen Upgrades Praetorian Acquisition (NASDAQ:PTOR) to Hold

Praetorian Acquisition (NASDAQ:PTOR) was upgraded by stock analysts at Wall Street Zen to a “hold” rating in a report released on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings upgraded Praetorian Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has an average rating of “Sell”.

Praetorian Acquisition Stock Performance

Shares of Praetorian Acquisition stock opened at $9.97 on Friday. Praetorian Acquisition has a fifty-two week low of $9.77 and a fifty-two week high of $10.04. The stock has a 50 day moving average of $9.97 and a 200 day moving average of $9.92.

Praetorian Acquisition Company Profile

Praetorian Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating businesses. The company does not operate a conventional commercial business and does not manufacture products or provide services of its own.

Its primary corporate activities include evaluating potential merger partners and pursuing transactions such as a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.