Range Capital Acquisition Corp II (NASDAQ:RNGT) Announces Quarterly Earnings Results

Range Capital Acquisition Corp II (NASDAQ:RNGT) announced its quarterly earnings data on Thursday. The company reported $0.06 EPS for the quarter, FiscalAI reports.

Range Capital Acquisition Corp II Trading Down 0.1%

Shares of NASDAQ:RNGT traded down $0.01 during midday trading on Friday, hitting $10.14. 321 shares of the stock were exchanged, compared to its average volume of 34,121. Range Capital Acquisition Corp II has a 52-week low of $9.90 and a 52-week high of $10.16. The stock’s fifty day moving average is $10.11.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Rivernorth Capital Management LLC purchased a new stake in shares of Range Capital Acquisition Corp II during the 1st quarter worth about $3,995,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Range Capital Acquisition Corp II in the 1st quarter valued at approximately $3,000,000. Finally, Sona Asset Management US LLC bought a new stake in shares of Range Capital Acquisition Corp II in the 1st quarter valued at approximately $1,096,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Range Capital Acquisition Corp II from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Range Capital Acquisition Corp II currently has a consensus rating of “Sell”.

Range Capital Acquisition Corp II Company Profile

Range Capital Acquisition Corp II is a blank check company.