Churchill Capital Corp IX (NASDAQ:CCIX) Releases Quarterly Earnings Results

Churchill Capital Corp IX (NASDAQ:CCIXGet Free Report) issued its quarterly earnings data on Friday. The company reported $0.04 EPS for the quarter, Zacks reports.

Churchill Capital Corp IX Trading Up 0.1%

Shares of NASDAQ CCIX traded up $0.01 during mid-day trading on Friday, reaching $10.78. 1,966 shares of the company’s stock were exchanged, compared to its average volume of 369,167. Churchill Capital Corp IX has a twelve month low of $10.45 and a twelve month high of $11.66. The business has a fifty day simple moving average of $10.72 and a 200 day simple moving average of $10.67. The firm has a market capitalization of $395.19 million, a price-to-earnings ratio of 49.00 and a beta of -0.05.

Institutional Investors Weigh In On Churchill Capital Corp IX

A number of hedge funds and other institutional investors have recently bought and sold shares of CCIX. Sandia Investment Management LP acquired a new stake in Churchill Capital Corp IX in the 2nd quarter valued at $473,000. JPMorgan Chase & Co. acquired a new position in shares of Churchill Capital Corp IX during the 2nd quarter worth approximately $522,000. Geode Capital Management LLC acquired a new position in Churchill Capital Corp IX in the 2nd quarter valued at about $784,000. Schonfeld Strategic Advisors LLC grew its stake in Churchill Capital Corp IX by 124.9% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 124,842 shares of the company’s stock valued at $1,308,000 after buying an additional 69,324 shares during the last quarter. Finally, Massar Capital Management LP acquired a new position in Churchill Capital Corp IX in the 2nd quarter valued at $1,841,000.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Churchill Capital Corp IX in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of Churchill Capital Corp IX from a “sell” rating to a “hold” rating in a research report on Monday, March 16th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

View Our Latest Stock Analysis on Churchill Capital Corp IX

Churchill Capital Corp IX Company Profile

(Get Free Report)

Coleman Cable, Inc (Coleman) is a designer, developer, manufacturer and supplier of electrical wire and cable products for consumer, commercial and industrial applications, with operations primarily in the United States and in Honduras and Canada. The Company’s wire and cable products enable it to offer its customers a single source for many of their wire and cable product requirements. It manufactures its products in 10 domestic manufacturing locations and supplement its domestic production with both international and domestic sourcing.

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Earnings History for Churchill Capital Corp IX (NASDAQ:CCIX)

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