Shares of HCM II Acquisition Corp. (NASDAQ:HOND – Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $18.18 and last traded at $17.61, with a volume of 603525 shares trading hands. The stock had previously closed at $16.88.
Analysts Set New Price Targets
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of HCM II Acquisition in a research report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, HCM II Acquisition currently has an average rating of “Sell”.
View Our Latest Analysis on HOND
HCM II Acquisition Stock Performance
Institutional Trading of HCM II Acquisition
Several institutional investors and hedge funds have recently bought and sold shares of the stock. North Capital Inc. acquired a new position in shares of HCM II Acquisition in the second quarter worth about $67,000. Patriot Financial Group Insurance Agency LLC acquired a new position in HCM II Acquisition in the 2nd quarter worth approximately $209,000. Mizuho Securities USA LLC purchased a new position in HCM II Acquisition during the 1st quarter worth approximately $271,000. FNY Investment Advisers LLC raised its stake in HCM II Acquisition by 41,400.0% during the 2nd quarter. FNY Investment Advisers LLC now owns 41,500 shares of the company’s stock valued at $460,000 after purchasing an additional 41,400 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in shares of HCM II Acquisition in the second quarter valued at $552,000.
About HCM II Acquisition
HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.
Further Reading
- Five stocks we like better than HCM II Acquisition
- Earnings Per Share Calculator: How to Calculate EPS
- Why the Precious Metal Nobody Talks About Could Be Your Best Bet
- Where to Find Earnings Call Transcripts
- Cheap Chipotle? Why CMG Stock Could Be Ready for a Comeback
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- 3 Industrial Stocks Ready to Benefit From Fed Cuts and Spending
Receive News & Ratings for HCM II Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCM II Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.