ValuEngine upgraded shares of KLR Energy Acquisition Corp. (NASDAQ:ROSE) from a sell rating to a hold rating in a research report released on Friday.

Shares of KLR Energy Acquisition Corp. (ROSE) opened at 10.53 on Friday. The stock’s 50 day moving average is $6.70 and its 200 day moving average is $8.77. The company’s market cap is $376.65 million. KLR Energy Acquisition Corp. has a 12 month low of $5.52 and a 12 month high of $11.69.

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In related news, major shareholder Geode Capital Master Fund Ltd. sold 65,984 shares of the business’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $7.53, for a total transaction of $496,859.52. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Principal Fund L.P. K2 sold 30,000 shares of the business’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $8.70, for a total transaction of $261,000.00. Following the transaction, the insider now owns 457,115 shares in the company, valued at approximately $3,976,900.50. The disclosure for this sale can be found here. Insiders have sold a total of 96,689 shares of company stock worth $763,514 in the last quarter.

KLR Energy Acquisition Corp. Company Profile

To view ValuEngine’s full report, visit ValuEngine’s official website.

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