Karbon Capital Partners (NASDAQ:KBON) Announces Quarterly Earnings Results

Karbon Capital Partners (NASDAQ:KBON) posted its quarterly earnings results on Thursday. The company reported $0.07 earnings per share for the quarter, FiscalAI reports.

Karbon Capital Partners Price Performance

Shares of KBON traded up $0.01 during trading hours on Friday, hitting $10.15. The company’s stock had a trading volume of 14,743 shares, compared to its average volume of 90,588. The business has a 50 day simple moving average of $10.11 and a two-hundred day simple moving average of $10.09. Karbon Capital Partners has a 52-week low of $10.02 and a 52-week high of $10.16.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Karbon Capital Partners from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, October 13th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has an average rating of “Sell”.

About Karbon Capital Partners

Karbon Capital Partners is a special purpose acquisition company (SPAC), a company formed to pursue a merger, acquisition or similar business combination with an existing business. It does not have operating products or services of its own. Its principal activity is identifying and evaluating a potential business combination. Information about its target industry focus, geographic reach and leadership is not included here because I could not verify those details.