KPET Ultra Paceline (NYSE:KPET) Posts Quarterly Earnings Results

KPET Ultra Paceline (NYSE:KPET – Get Free Report) posted its quarterly earnings results on Friday. The company reported $0.07 earnings per share (EPS) for the quarter, FiscalAI reports.

KPET Ultra Paceline Stock Performance

NYSE KPET traded up $0.08 during trading on Friday, hitting $10.08. 10,207 shares of the company’s stock were exchanged, compared to its average volume of 16,105. The stock has a market capitalization of $292.34 million and a P/E ratio of 168.07. KPET Ultra Paceline has a fifty-two week low of $9.91 and a fifty-two week high of $10.21. The firm’s 50 day moving average price is $10.03.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of KPET Ultra Paceline from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, November 2nd. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

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About KPET Ultra Paceline

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KPET Ultra Paceline Corporation is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. KPET Ultra Paceline Corporation is based in New York.

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