Praetorian Acquisition (NASDAQ:PTOR) Announces Quarterly Earnings Results

Praetorian Acquisition (NASDAQ:PTOR) posted its quarterly earnings data on Thursday. The company reported $0.04 EPS for the quarter, FiscalAI reports.

Praetorian Acquisition Stock Up 0.1%

Shares of PTOR stock traded up $0.01 during trading on Thursday, hitting $9.96. 180,519 shares of the stock traded hands, compared to its average volume of 37,868. Praetorian Acquisition has a 52-week low of $9.77 and a 52-week high of $10.04. The firm’s fifty day moving average price is $9.97 and its 200-day moving average price is $9.92.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PTOR. Weiss Ratings upgraded Praetorian Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. Wall Street Zen raised Praetorian Acquisition to a “hold” rating in a research note on Saturday, October 17th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Praetorian Acquisition currently has a consensus rating of “Sell”.

About Praetorian Acquisition

Praetorian Acquisition Corp. is a blank-check company incorporated in the Cayman Islands. It was formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses. As an acquisition company, Praetorian does not have its own established operating business, products or services. Its activities center on identifying and completing a business combination.