Quetta Acquisition Corporation (NASDAQ:QETA – Get Free Report) was down 0.7% during mid-day trading on Monday . The stock traded as low as $11.85 and last traded at $11.7660. 863 shares changed hands during trading, an increase of 462% from the average session volume of 153 shares. The stock had previously closed at $11.85.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised Quetta Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on QETA
Quetta Acquisition Stock Performance
Quetta Acquisition (NASDAQ:QETA – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.24 EPS for the quarter.
Quetta Acquisition Company Profile
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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