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

Twelve Seas Investment Company II (NASDAQ:TWLV) posted 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 Trading Up 0.1%

Shares of TWLV traded up $0.01 on Monday, reaching $10.05. 150,009 shares of the company’s stock traded hands, compared to its average volume of 42,116. The stock’s 50 day simple moving average is $10.00 and its two-hundred day simple moving average is $9.96. The stock has a market cap of $235.57 million and a PE ratio of 167.50. Twelve Seas Investment Company II has a 52-week low of $9.84 and a 52-week high of $10.38.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised 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, According to data from MarketBeat, Twelve Seas Investment Company II currently has an average rating of “Sell”.

Twelve Seas Investment Company II Company Profile

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.