K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) Issues Earnings Results

K&F GROWTH ACQUISITION CORP. II (NASDAQ:KFII) posted its quarterly earnings results on Friday. The company reported $0.06 EPS for the quarter, FiscalAI reports.

K&F GROWTH ACQUISITION CORP. II Price Performance

Shares of KFII stock traded up $0.16 during trading hours on Friday, hitting $10.81. The stock had a trading volume of 1,221 shares, compared to its average volume of 85,087. K&F GROWTH ACQUISITION CORP. II has a twelve month low of $10.27 and a twelve month high of $12.41. The stock’s 50 day moving average is $10.69 and its 200 day moving average is $10.55.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of K&F GROWTH ACQUISITION CORP. II from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, October 2nd. One research analyst has rated the stock with a Sell rating. According to MarketBeat, K&F GROWTH ACQUISITION CORP. II currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On K&F GROWTH ACQUISITION CORP. II

A number of institutional investors have recently modified their holdings of the business. Berkley W R Corp grew its position in K&F GROWTH ACQUISITION CORP. II by 10.2% during the 1st quarter. Berkley W R Corp now owns 1,074,855 shares of the company’s stock worth $11,211,000 after purchasing an additional 99,400 shares during the last quarter. Periscope Capital Inc. acquired a new position in K&F GROWTH ACQUISITION CORP. II in the third quarter valued at $4,007,000. Sona Asset Management US LLC purchased a new stake in shares of K&F GROWTH ACQUISITION CORP. II in the first quarter valued at about $1,125,000. Finally, First Trust Capital Management L.P. purchased a new stake in shares of K&F GROWTH ACQUISITION CORP. II in the third quarter valued at about $1,093,000.

About K&F GROWTH ACQUISITION CORP. II

K&F Growth Acquisition Corp. II is a special purpose acquisition company (SPAC) formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with an operating company. The company does not have its own operating business, products or services. Its activities center on identifying and evaluating potential business combination candidates. K&F Growth Acquisition Corp. II has not specified a particular industry or geographic market for its search in the information available.