Welsbach Technology Metals Acquisition (NASDAQ:EMAT) Downgraded to “Sell” Rating by Wall Street Zen

Welsbach Technology Metals Acquisition (NASDAQ:EMAT) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Separately, Clear Str upgraded shares of Welsbach Technology Metals Acquisition to a “strong-buy” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Welsbach Technology Metals Acquisition has an average rating of “Moderate Buy”.

Welsbach Technology Metals Acquisition Price Performance

NASDAQ:EMAT opened at $6.64 on Friday. Welsbach Technology Metals Acquisition has a twelve month low of $5.50 and a twelve month high of $24.08. The firm’s 50-day simple moving average is $8.13.

Welsbach Technology Metals Acquisition (NASDAQ:EMAT) last announced its earnings results on Friday, May 22nd. The company reported ($0.02) EPS for the quarter. The business had revenue of $1.88 million for the quarter.

About Welsbach Technology Metals Acquisition

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.