Quetta Acquisition (NASDAQ:QETA) Releases Earnings Results

Quetta Acquisition (NASDAQ:QETA) announced its quarterly earnings data on Friday. The company reported $0.00 EPS for the quarter, FiscalAI reports.

Quetta Acquisition Price Performance

Shares of QETA opened at $11.94 on Friday. Quetta Acquisition has a 1 year low of $10.70 and a 1 year high of $13.07. The stock has a 50 day simple moving average of $11.49 and a 200-day simple moving average of $11.42.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Quetta Acquisition in a report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Quetta Acquisition

An institutional investor recently bought a new position in Quetta Acquisition stock. Clear Street Group Inc. purchased a new stake in shares of Quetta Acquisition Corporation (NASDAQ:QETA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 17,577 shares of the company’s stock, valued at approximately $197,000. Clear Street Group Inc. owned approximately 0.47% of Quetta Acquisition at the end of the most recent reporting period. 84.33% of the stock is owned by institutional investors and hedge funds.

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.