TRG Latin America Acquisitions (NASDAQ:TRGS) Releases Quarterly Earnings Results

TRG Latin America Acquisitions (NASDAQ:TRGS) announced its quarterly earnings data on Friday. The company reported $0.07 earnings per share for the quarter, FiscalAI reports.

TRG Latin America Acquisitions Trading Down 0.1%

Shares of TRGS traded down $0.01 during trading hours on Friday, hitting $10.01. The stock had a trading volume of 613 shares, compared to its average volume of 18,137. The stock has a fifty day simple moving average of $9.99. TRG Latin America Acquisitions has a 12-month low of $9.82 and a 12-month high of $10.10.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of TRG Latin America Acquisitions in a research report on Thursday. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, TRG Latin America Acquisitions currently has an average rating of “Sell”.

About TRG Latin America Acquisitions

TRG Latin America Acquisitions Corp. is a special purpose acquisition company (SPAC), a type of company formed to pursue a merger, acquisition, or similar business combination with an existing business. It does not operate a standalone commercial business or offer products and services of its own. The company’s stated focus is on identifying a business combination opportunity in Latin America. Its activities center on evaluating potential targets and completing a transaction that would bring an operating business into the public markets.