Forefront Tech Holdings Acquisition (NASDAQ:FTHA – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.05 earnings per share for the quarter, FiscalAI reports.
Forefront Tech Holdings Acquisition Stock Up 0.2%
Shares of Forefront Tech Holdings Acquisition stock traded up $0.02 during trading hours on Thursday, reaching $10.05. 49,822 shares of the company’s stock were exchanged, compared to its average volume of 38,253. Forefront Tech Holdings Acquisition has a 1 year low of $9.85 and a 1 year high of $10.05. The firm has a fifty day moving average price of $10.01.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on shares of Forefront Tech Holdings Acquisition in a report on Wednesday, September 16th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company presently has an average rating of “Sell”.
About Forefront Tech Holdings Acquisition
Forefront Tech Holdings Acquisition Corp. is a special purpose acquisition company (SPAC) formed to pursue a merger, share exchange, asset acquisition, or similar business combination with an operating company. It does not have significant operating activities or offer products and services of its own while it seeks a transaction.
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