Crane Harbor Acquisition Corp. II (NASDAQ:CRAN) Shares Up 0.1% – Here’s What Happened

Crane Harbor Acquisition Corp. II (NASDAQ:CRAN)’s stock price was up 0.1% during mid-day trading on Tuesday . The stock traded as high as $10.14 and last traded at $10.1540. 100,018 shares traded hands during mid-day trading, an increase of 238% from the average daily volume of 29,572 shares. The stock had previously closed at $10.14.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Crane Harbor Acquisition Corp. II from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Crane Harbor Acquisition Corp. II Stock Performance

The stock has a fifty day simple moving average of $10.14.

About Crane Harbor Acquisition Corp. II

Crane Harbor Acquisition Corp. II (NASDAQ: CRAN) is a publicly traded special purpose acquisition company (SPAC), commonly known as a blank-check company. Like other SPACs, its primary business activity is to raise capital through an initial public offering with the goal of identifying and completing a business combination, merger, acquisition or other similar transaction that will result in an operating company becoming publicly listed. The company’s ordinary course involves maintaining proceeds in trust while pursuing potential targets and negotiating transaction terms.

As a SPAC, Crane Harbor Acquisition Corp.