Pyrophyte Acquisition Corp. II (NYSE:PAII – Get Free Report) announced its earnings results on Thursday. The company reported $0.04 earnings per share (EPS) for the quarter, FiscalAI reports.
Pyrophyte Acquisition Corp. II Trading Up 0.2%
Shares of NYSE:PAII traded up $0.02 during trading on Friday, hitting $10.40. The company’s stock had a trading volume of 106 shares, compared to its average volume of 85,563. The stock’s 50-day moving average price is $10.32 and its two-hundred day moving average price is $10.22. Pyrophyte Acquisition Corp. II has a fifty-two week low of $10.02 and a fifty-two week high of $10.44.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Pyrophyte Acquisition Corp. II in a research report on Thursday. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on PAII
Hedge Funds Weigh In On Pyrophyte Acquisition Corp. II
An institutional investor recently bought a new stake in Pyrophyte Acquisition Corp. II stock. Deltec Asset Management LLC acquired a new position in Pyrophyte Acquisition Corp. II (NYSE:PAII – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,000 shares of the company’s stock, valued at approximately $103,000.
Pyrophyte Acquisition Corp. II Company Profile
Pyrophyte Acquisition Corp. II is a special purpose acquisition company, or blank-check company, formed to pursue a merger, acquisition, or similar business combination with one or more businesses. The company has indicated an interest in opportunities related to the energy transition and the broader energy sector. It does not operate a substantial standalone business or offer products and services to customers while it searches for a business combination. Details about a completed transaction, operating operations, and geographic markets are not available here.
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