Calamos Advisors LLC purchased a new stake in shares of Jackson Acquisition Company II (NYSE:JACS – Free Report) in the third quarter, HoldingsChannel.com reports. The fund purchased 1,000,000 shares of the company’s stock, valued at approximately $10,830,000.
Separately, Sona Asset Management US LLC acquired a new stake in shares of Jackson Acquisition Company II in the 1st quarter worth approximately $2,186,000.
Jackson Acquisition Company II Price Performance
Shares of NYSE JACS opened at $10.85 on Friday. Jackson Acquisition Company II has a 52 week low of $10.40 and a 52 week high of $10.92. The company’s 50-day moving average price is $10.80 and its 200 day moving average price is $10.65.
Jackson Acquisition Company II (NYSE:JACS – Get Free Report) last announced its earnings results on Friday, November 6th. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $2.25 million for the quarter.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised Jackson Acquisition Company II from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
View Our Latest Analysis on Jackson Acquisition Company II
About Jackson Acquisition Company II
Jackson Acquisition Company II (NYSE: JACS) is a special purpose acquisition company, or SPAC. The company was formed to identify and complete a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more operating businesses.
As a blank-check company, Jackson Acquisition Company II does not operate a conventional business and does not offer products or services to customers. Its activities primarily involve evaluating potential acquisition targets and pursuing a transaction that would allow a privately held company to become publicly traded.
Publicly available information about the company’s operating history, geographic reach, target industry focus and leadership is limited.
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