BOA Acquisition Corp. II (NASDAQ:THEO) Releases Quarterly Earnings Results

BOA Acquisition Corp. II (NASDAQ:THEO) announced its quarterly earnings data on Thursday. The company reported $0.07 EPS for the quarter, FiscalAI reports.

BOA Acquisition Corp. II Price Performance

Shares of BOA Acquisition Corp. II stock opened at $9.98 on Friday. The business’s fifty day simple moving average is $9.92. BOA Acquisition Corp. II has a 1 year low of $9.81 and a 1 year high of $10.03.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on THEO shares. Weiss Ratings initiated coverage on BOA Acquisition Corp. II in a research note on Monday. They issued a “sell (e)” rating for the company. Wall Street Zen upgraded BOA Acquisition Corp. II to a “hold” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About BOA Acquisition Corp. II

BOA Acquisition Corp. II is a special purpose acquisition company (SPAC), formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a SPAC, it does not operate a business or offer products and services of its own. Its activities center on identifying and evaluating a potential acquisition and, if a suitable opportunity is found, completing a business combination.