Peace Acquisition (NASDAQ:PECE) Announces Earnings Results

Peace Acquisition (NASDAQ:PECE) released its earnings results on Tuesday. The company reported $0.07 EPS for the quarter, FiscalAI reports.

Peace Acquisition Price Performance

Shares of NASDAQ:PECE traded up $0.02 during mid-day trading on Thursday, reaching $10.08. The stock had a trading volume of 155 shares, compared to its average volume of 61,382. The stock has a 50 day moving average of $10.02. Peace Acquisition has a twelve month low of $9.87 and a twelve month high of $10.06.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on Peace Acquisition in a research report on Friday, August 28th. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has an average rating of “Sell”.

About Peace Acquisition

Peace Acquisition Corp. is a special purpose acquisition company, or SPAC. 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, Peace Acquisition does not have established products or services of its own. Its business activity centers on identifying and completing a suitable transaction; until then, its prospects depend on finding a business combination and obtaining the required approvals.