Sell 5/28/2024Downgrade
TortoiseEcofin Acquisition Corp. III (TRTL) was downgraded to D+ from C on 5/28/2024 due to a substantial decline in the growth index, efficiency index and valuation index. Net income declined 68.59% from $3.13M to $982.6, earnings per share declined from $0.108 to $0.038, and operating cash flow declined 32.92% from -$284 to -$377.5.

Hold 4/11/2024Upgraded
TortoiseEcofin Acquisition Corp. III (TRTL) was upgraded to C from D on 4/11/2024 due to a major increase in the solvency index, total return index and efficiency index. Net income increased 275.46% from $833.3 to $3.13M, debt to equity declined from -0.06 to -0.14, and total capital increased 12.07% from -$11.21M to -$9.86M.

Sell 5/22/2023Downgrade
TortoiseEcofin Acquisition Corp. III (TRTL) was downgraded to D from D+ on 5/22/2023 due to a major decline in the solvency index, valuation index and volatility index.

Sell 4/3/2023Upgraded
TortoiseEcofin Acquisition Corp. III (TRTL) was upgraded to D+ from D on 4/3/2023 due to an increase in the growth index, total return index and valuation index.

Sell 10/3/2022Upgraded
TortoiseEcofin Acquisition Corp. III (TRTL) was upgraded to D from D- on 10/3/2022 due to a significant increase in the volatility index, valuation index and total return index.

Sell 6/1/2022Upgraded
TortoiseEcofin Acquisition Corp. III (TRTL) was upgraded to D- from E+ on 6/1/2022 due to a significant increase in the efficiency index, valuation index and growth index. Earnings per share increased from $0.0947 to $0.1348, net income increased 32.39% from $4.39M to $5.81M, and total capital increased 23.98% from -$24.24M to -$18.43M.

Sell 3/2/2022Upgraded
TortoiseEcofin Acquisition Corp. III (TRTL) was upgraded to E+ from E on 3/2/2022 due to a noticeable increase in the total return index and valuation index.

Sell 12/2/2021None
TortoiseEcofin Acquisition Corp. III (TRTLF) was downgraded to E from U on 12/02/2021.