Twelve Seas Investment Company II (NASDAQ:TWLV) Posts Earnings Results

Twelve Seas Investment Company II (NASDAQ:TWLVGet Free Report) issued its quarterly earnings results on Friday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports.

Twelve Seas Investment Company II Trading Up 0.8%

Shares of Twelve Seas Investment Company II stock traded up $0.08 on Friday, reaching $10.00. 1,039 shares of the stock were exchanged, compared to its average volume of 2,264. Twelve Seas Investment Company II has a 1-year low of $9.84 and a 1-year high of $10.38. The business has a fifty day moving average price of $9.92 and a two-hundred day moving average price of $10.16.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Twelve Seas Investment Company II from a “sell (e-)” rating to a “sell (e)” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

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Twelve Seas Investment Company II Company Profile

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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.

Further Reading

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