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

Twelve Seas Investment Company II (NASDAQ:TWLV) posted its quarterly earnings results on Friday. The company reported $0.06 EPS for the quarter, Zacks reports.

Twelve Seas Investment Company II Trading Up 0.8%

NASDAQ TWLV traded up $0.08 on Friday, hitting $10.00. 1,039 shares of the stock were exchanged, compared to its average volume of 2,264. Twelve Seas Investment Company II has a fifty-two week low of $9.84 and a fifty-two week high of $10.38. The company has a 50-day moving average price of $9.92 and a 200-day moving average price of $10.16.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Twelve Seas Investment Company II from a “sell (e-)” rating to a “sell (e)” rating in a report on Tuesday, April 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

About Twelve Seas Investment Company II

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.