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Kelso Technologies Appoints New Auditor to Support Growth

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Kelso Technologies Appoints New Auditor to Support Growth

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Kelso Technologies ( (TSE:KLS) ) has provided an update.

Kelso Technologies Inc. has appointed CBIZ CPAs P.C. as its new public accounting firm following the resignation of Smythe LLP due to a change in policies. The decision, made by the Board of Directors on the recommendation of the Audit Committee, is expected to support Kelso’s growth phase, leveraging CBIZ’s extensive coverage as one of the top 10 public accounting firms in the United States.

Spark’s Take on TSE:KLS Stock

According to Spark, TipRanks’ AI Analyst, TSE:KLS is a Neutral.

Kelso Technologies’ overall stock score is primarily influenced by its financial performance challenges, including declining revenue and profitability issues. While technical analysis shows some positive momentum, valuation concerns due to negative earnings weigh heavily on the score. The absence of earnings call data and corporate events limits additional insights.

To see Spark’s full report on TSE:KLS stock, click here.

More about Kelso Technologies

Kelso Technologies is a diverse transportation equipment company specializing in the creation, production, sales, and distribution of proprietary products used in rail and other transportation. The company is known for its unique high-quality tank car valves that ensure safe handling and containment of commodities during rail transport, addressing public safety, worker well-being, and environmental concerns.

Average Trading Volume: 51,274

Technical Sentiment Signal: Hold

Current Market Cap: C$10.2M

For detailed information about KLS stock, go to TipRanks’ Stock Analysis page.

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