Range Capital Acquisition Corp II (NASDAQ:RNGT) Posts Earnings Results

by · The Cerbat Gem

Range Capital Acquisition Corp II (NASDAQ:RNGT – Get Free Report) issued its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, FiscalAI reports.

Range Capital Acquisition Corp II Stock Performance

Shares of RNGT traded down $0.01 during mid-day trading on Friday, reaching $10.14. The company’s stock had a trading volume of 321 shares, compared to its average volume of 812. Range Capital Acquisition Corp II has a 12-month low of $9.90 and a 12-month high of $10.16. The firm’s 50 day moving average price is $10.11.

Institutional Investors Weigh In On Range Capital Acquisition Corp II

Institutional investors have recently added to or reduced their stakes in the business. Rivernorth Capital Management LLC purchased a new position in Range Capital Acquisition Corp II in the first quarter valued at approximately $3,995,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Range Capital Acquisition Corp II during the 1st quarter worth approximately $3,000,000. Finally, Sona Asset Management US LLC acquired a new position in shares of Range Capital Acquisition Corp II in the 1st quarter valued at $1,096,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Range Capital Acquisition Corp II from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

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Range Capital Acquisition Corp II Company Profile

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Range Capital Acquisition Corp II is a blank check company.

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