Twelve Seas Investment Company II (NASDAQ:TWLV – Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.06 earnings per share for the quarter, Zacks reports.
Twelve Seas Investment Company II Stock Up 0.1%
NASDAQ:TWLV opened at $10.05 on Tuesday. Twelve Seas Investment Company II has a 52 week low of $9.84 and a 52 week high of $10.38. The stock’s fifty day moving average is $10.00 and its two-hundred day moving average is $9.96. The company has a market capitalization of $235.57 million and a P/E ratio of 167.50.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of Twelve Seas Investment Company II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.
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.
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