Sizzle Acquisition Corp. II (NASDAQ:SZZL) Announces Earnings Results

Sizzle Acquisition Corp. II (NASDAQ:SZZL) announced its earnings results on Tuesday. The company reported $0.04 earnings per share (EPS) for the quarter, FiscalAI reports.

Sizzle Acquisition Corp. II Trading Up 0.1%

Sizzle Acquisition Corp. II stock traded up $0.01 during trading hours on Thursday, hitting $10.55. The stock had a trading volume of 52,132 shares, compared to its average volume of 66,599. The company has a 50-day moving average of $10.50 and a two-hundred day moving average of $10.37. Sizzle Acquisition Corp. II has a fifty-two week low of $10.15 and a fifty-two week high of $10.55.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Sizzle Acquisition Corp. II in a report on Thursday, August 27th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Institutional Trading of Sizzle Acquisition Corp. II

A number of institutional investors and hedge funds have recently modified their holdings of the company. Alberta Investment Management Corp acquired a new position in shares of Sizzle Acquisition Corp. II in the third quarter valued at $7,868,000. Context Capital Management LLC bought a new stake in Sizzle Acquisition Corp. II in the 3rd quarter valued at $6,292,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in Sizzle Acquisition Corp. II in the 1st quarter valued at $4,112,000. First Trust Capital Management L.P. bought a new stake in Sizzle Acquisition Corp. II in the 3rd quarter valued at $4,178,000. Finally, Sona Asset Management US LLC acquired a new position in shares of Sizzle Acquisition Corp. II in the 1st quarter valued at $1,040,000.

Sizzle Acquisition Corp. II Company Profile

Sizzle Acquisition Corp. II is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check company, Sizzle Acquisition Corp. II does not operate a commercial business or offer products and services of its own. Its primary activity is identifying and completing a business combination. Specific information about its operating activities, customer markets and geographic reach depends on a completed transaction.