Sizzle Acquisition Corp. II (NASDAQ:SZZL – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.04 earnings per share (EPS) for the quarter, FiscalAI reports.
Sizzle Acquisition Corp. II Price Performance
NASDAQ SZZL traded up $0.01 on Thursday, hitting $10.55. 52,148 shares of the company were exchanged, compared to its average volume of 66,599. The company’s 50 day moving average price is $10.50 and its 200-day moving average price is $10.37. Sizzle Acquisition Corp. II has a twelve month low of $10.15 and a twelve month high of $10.55.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in SZZL. Alberta Investment Management Corp purchased a new stake in shares of Sizzle Acquisition Corp. II in the 3rd quarter valued at approximately $7,868,000. First Trust Capital Management L.P. acquired a new stake in Sizzle Acquisition Corp. II during the 3rd quarter valued at $4,178,000. Context Capital Management LLC acquired a new stake in Sizzle Acquisition Corp. II during the 3rd quarter valued at $6,292,000. Deltec Asset Management LLC purchased a new stake in shares of Sizzle Acquisition Corp. II in the third quarter valued at $1,048,000. Finally, Sona Asset Management US LLC purchased a new stake in shares of Sizzle Acquisition Corp. II in the first quarter valued at $1,040,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Sizzle Acquisition Corp. II in a research note on Thursday, August 27th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has an average rating of “Sell”.
Check Out Our Latest Stock Report on Sizzle Acquisition Corp. II
About Sizzle Acquisition Corp. II
Sizzle Acquisition Corp. II is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check company, Sizzle Acquisition Corp. II does not operate a commercial business or offer products and services of its own. Its primary activity is identifying and completing a business combination. Specific information about its operating activities, customer markets and geographic reach depends on a completed transaction.
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