Artius II Acquisition (NASDAQ:AACB) Releases Quarterly Earnings Results

Artius II Acquisition (NASDAQ:AACB) issued its quarterly earnings results on Friday. The company reported $0.08 EPS for the quarter, FiscalAI reports.

Artius II Acquisition Stock Performance

NASDAQ:AACB opened at $10.25 on Friday. The business’s 50 day moving average price is $10.18. Artius II Acquisition has a 52 week low of $9.85 and a 52 week high of $10.27.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Artius II Acquisition in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Investors Weigh In On Artius II Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in AACB. Wolverine Asset Management LLC boosted its holdings in Artius II Acquisition by 4.8% in the third quarter. Wolverine Asset Management LLC now owns 66,628 shares of the company’s stock worth $675,000 after purchasing an additional 3,070 shares during the period. Clear Street LLC bought a new position in shares of Artius II Acquisition in the 2nd quarter worth about $334,000. DLD Asset Management LP acquired a new position in shares of Artius II Acquisition in the 2nd quarter valued at about $414,000. Boothbay Fund Management LLC acquired a new position in shares of Artius II Acquisition in the 2nd quarter valued at about $1,268,000. Finally, Shaolin Capital Management LLC bought a new stake in shares of Artius II Acquisition during the 2nd quarter valued at about $1,518,000.

Artius II Acquisition Company Profile

We are a newly incorporated Cayman Island exempted company structured as a blank check company incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.