SilverBox Corp V (NYSE:SBXE) Posts Earnings Results

SilverBox Corp V (NYSE:SBXE) posted its quarterly earnings data on Tuesday. The company reported $0.11 earnings per share for the quarter, Zacks reports.

SilverBox Corp V Trading Up 0.2%

SBXE stock opened at $10.14 on Wednesday. The company has a 50 day moving average of $10.11 and a two-hundred day moving average of $10.07. SilverBox Corp V has a 12-month low of $9.88 and a 12-month high of $10.24.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded SilverBox Corp V from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, October 13th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

SilverBox Corp V Company Profile

SilverBox Corp V is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating businesses. Potential transactions may include a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar transaction. Unlike an operating company, SilverBox Corp V does not currently provide products or services of its own. Its activities are focused on evaluating potential acquisition targets, conducting due diligence and seeking shareholder approval for a proposed transaction.