Twelve Seas Investment Company II (NASDAQ:TWLV) Posts Earnings Results
by Amy Steele · The Cerbat GemTwelve Seas Investment Company II (NASDAQ:TWLV – Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports.
Twelve Seas Investment Company II Price Performance
TWLV stock traded up $0.01 during midday trading on Monday, reaching $10.05. The company had a trading volume of 150,009 shares, compared to its average volume of 42,116. The firm has a 50-day moving average price of $10.00 and a 200-day moving average price of $9.96. The company has a market capitalization of $235.57 million and a P/E ratio of 167.50. Twelve Seas Investment Company II has a 1 year low of $9.84 and a 1 year high of $10.38.
Wall Street Analyst Weigh In
Separately, Weiss Ratings raised shares of Twelve Seas Investment Company II from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
View Our Latest Report on Twelve Seas Investment Company II
Twelve Seas Investment Company II Company Profile
Twelve Seas Investment Company II does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Twelve Seas Investment Company II was incorporated in 2020 and is based in New York, New York.