Twelve Seas Investment Company II (NASDAQ:TWLV) Issues Earnings Results

Twelve Seas Investment Company II (NASDAQ:TWLVGet Free Report) announced its quarterly earnings data on Monday. The company reported $0.06 earnings per share (EPS) for the quarter, Zacks reports.

Twelve Seas Investment Company II Price Performance

Shares of NASDAQ:TWLV traded up $0.01 during trading on Monday, hitting $10.05. 150,009 shares of the company were exchanged, compared to its average volume of 42,116. The company has a market cap of $235.57 million and a PE ratio of 167.50. The stock has a 50 day moving average of $10.00 and a 200 day moving average of $9.96. Twelve Seas Investment Company II has a 52-week low of $9.84 and a 52-week high of $10.38.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Twelve Seas Investment Company II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Twelve Seas Investment Company II has an average rating of “Sell”.

View Our Latest Research Report on Twelve Seas Investment Company II

About Twelve Seas Investment Company II

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Twelve Seas Investment Company II does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Twelve Seas Investment Company II was incorporated in 2020 and is based in New York, New York.

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