Helix Acquisition Corp. III (NASDAQ:HLXC) Announces Quarterly Earnings Results

Helix Acquisition Corp. III (NASDAQ:HLXC) issued its earnings results on Friday. The company reported $0.07 EPS for the quarter, FiscalAI reports.

Helix Acquisition Corp. III Stock Up 0.4%

Shares of NASDAQ HLXC traded up $0.04 during midday trading on Friday, reaching $10.32. 1,426 shares of the company traded hands, compared to its average volume of 36,558. The stock’s 50-day simple moving average is $10.47 and its 200-day simple moving average is $10.39. Helix Acquisition Corp. III has a 12 month low of $10.11 and a 12 month high of $11.23.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Helix Acquisition Corp. III from a “sell (e)” rating to a “sell (e+)” rating in a report on Thursday, August 27th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.

Helix Acquisition Corp. III Company Profile

Helix Acquisition Corp. III is a special purpose acquisition company, or blank-check company. It was formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Unlike an operating company, Helix Acquisition Corp. III does not offer products or services of its own. Its principal activity is seeking and evaluating a potential business combination; the company’s future operations would depend on the business it ultimately joins with.