Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Raised to “Hold” at Wall Street Zen

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) was upgraded by Wall Street Zen to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised shares of Cohen Circle Acquisition Corp. II from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Cohen Circle Acquisition Corp. II Stock Up 0.2%

Shares of CCII stock opened at $10.31 on Friday. The business’s fifty day moving average is $10.31 and its 200 day moving average is $10.30. Cohen Circle Acquisition Corp. II has a twelve month low of $10.11 and a twelve month high of $10.50.

Cohen Circle Acquisition Corp. II (NASDAQ:CCII) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 EPS for the quarter.

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

Several large investors have recently made changes to their positions in CCII. Sona Asset Management US LLC bought a new stake in shares of Cohen Circle Acquisition Corp. II in the 1st quarter worth approximately $3,577,000. SkyView Investment Advisors LLC purchased a new stake in shares of Cohen Circle Acquisition Corp. II in the 2nd quarter worth approximately $515,000. Finally, Readystate Asset Management LP bought a new position in Cohen Circle Acquisition Corp. II during the 2nd quarter valued at approximately $259,000.

About Cohen Circle Acquisition Corp. II

Cohen Circle Acquisition Corp. II (NASDAQ: CCII) is a special purpose acquisition company, or SPAC. The company was formed to identify and complete a business combination with one or more private businesses, which may include a merger, acquisition, share exchange, or similar transaction.

As a SPAC, Cohen Circle Acquisition Corp. II does not currently operate a commercial business or offer products and services of its own. Its principal activities involve evaluating potential target companies, conducting due diligence, and seeking approval for a proposed transaction.