Quetta Acquisition Co. (NASDAQ:QETA - Get Free Report) shares traded down 0.3% on Monday . The company traded as low as $10.66 and last traded at $10.72. 737 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 27,496 shares. The stock had previously closed at $10.75.
Quetta Acquisition Trading Down 0.4 %
The company's 50 day moving average price is $10.65 and its 200-day moving average price is $10.54.
Institutional Investors Weigh In On Quetta Acquisition
A number of institutional investors have recently added to or reduced their stakes in the company. Toronto Dominion Bank purchased a new position in shares of Quetta Acquisition in the 4th quarter worth about $6,496,000. Bulldog Investors LLP increased its position in Quetta Acquisition by 42.3% during the 4th quarter. Bulldog Investors LLP now owns 342,120 shares of the company's stock worth $3,616,000 after purchasing an additional 101,675 shares in the last quarter. Berkley W R Corp raised its holdings in Quetta Acquisition by 113.2% in the fourth quarter. Berkley W R Corp now owns 429,118 shares of the company's stock valued at $4,527,000 after buying an additional 227,884 shares during the period. Yakira Capital Management Inc. acquired a new position in Quetta Acquisition during the fourth quarter valued at approximately $633,000. Finally, Wolverine Asset Management LLC grew its stake in Quetta Acquisition by 31.5% during the fourth quarter. Wolverine Asset Management LLC now owns 202,192 shares of the company's stock worth $2,133,000 after buying an additional 48,400 shares during the period. Hedge funds and other institutional investors own 84.33% of the company's stock.
Quetta Acquisition Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Quetta Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Quetta Acquisition wasn't on the list.
While Quetta Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
