Welsbach Technology Metals Acquisition (NASDAQ:EMAT – Get Free Report) posted its earnings results on Friday. The company reported ($0.02) EPS for the quarter, Zacks reports.
Welsbach Technology Metals Acquisition Price Performance
Shares of EMAT opened at $8.27 on Friday. Welsbach Technology Metals Acquisition has a fifty-two week low of $5.50 and a fifty-two week high of $24.08. The business’s 50-day simple moving average is $8.15.
Analyst Upgrades and Downgrades
EMAT has been the subject of several research analyst reports. Clear Str upgraded shares of Welsbach Technology Metals Acquisition to a “strong-buy” rating in a research note on Wednesday, February 18th. Weiss Ratings began coverage on Welsbach Technology Metals Acquisition in a research report on Tuesday, January 27th. They set a “sell (d-)” rating on the stock. Finally, Wall Street Zen raised Welsbach Technology Metals Acquisition to a “sell” rating in a research report on Saturday, March 14th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Welsbach Technology Metals Acquisition currently has a consensus rating of “Moderate Buy”.
Welsbach Technology Metals Acquisition Company Profile
Welsbach Technology Metals Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology metals and energy transition metals sectors. Welsbach Technology Metals Acquisition Corp. was incorporated in 2021 and is based in Lombard, Illinois.
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