Range Capital Acquisition Corp II (NASDAQ:RNGT) Releases Quarterly Earnings Results

Range Capital Acquisition Corp II (NASDAQ:RNGTGet Free Report) posted its earnings results on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, FiscalAI reports.

Range Capital Acquisition Corp II Stock Down 0.1%

RNGT traded down $0.01 during midday trading on Friday, hitting $10.14. 321 shares of the company traded hands, compared to its average volume of 34,121. Range Capital Acquisition Corp II has a 52-week low of $9.90 and a 52-week high of $10.16. The stock’s 50 day moving average price is $10.11.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Range Capital Acquisition Corp II from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Check Out Our Latest Analysis on Range Capital Acquisition Corp II

Institutional Trading of Range Capital Acquisition Corp II

A number of institutional investors and hedge funds have recently modified their holdings of RNGT. Rivernorth Capital Management LLC purchased a new position in Range Capital Acquisition Corp II in the 1st quarter valued at about $3,995,000. Sona Asset Management US LLC purchased a new stake in Range Capital Acquisition Corp II during the 1st quarter worth approximately $1,096,000. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Range Capital Acquisition Corp II during the 1st quarter worth approximately $3,000,000.

About Range Capital Acquisition Corp II

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Range Capital Acquisition Corp II is a blank check company.

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