Cohen Circle Acquisition Corp. II (NASDAQ:CCII) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Cohen Circle Acquisition Corp. II (NASDAQ:CCII) to a hold rating in a report published on Saturday,Wall Street Zen reports.

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

Cohen Circle Acquisition Corp. II Stock Up 0.1%

CCII opened at $10.30 on Friday. The business has a 50 day simple moving average of $10.31 and a two-hundred day simple moving average of $10.29. Cohen Circle Acquisition Corp. II has a one year low of $10.11 and a one year high of $10.50.

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

Hedge Funds Weigh In On Cohen Circle Acquisition Corp. II

Several institutional investors and hedge funds have recently bought and sold shares of CCII. SkyView Investment Advisors LLC purchased a new stake in shares of Cohen Circle Acquisition Corp. II in the second quarter worth $515,000. Readystate Asset Management LP bought a new stake in shares of Cohen Circle Acquisition Corp. II during the 2nd quarter valued at $259,000. Finally, Sona Asset Management US LLC bought a new stake in shares of Cohen Circle Acquisition Corp. II during the 1st quarter valued at $3,577,000.

Cohen Circle Acquisition Corp. II Company Profile

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.