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

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

Range Capital Acquisition Corp II Price Performance

RNGT traded down $0.02 during trading on Friday, reaching $10.06. The stock had a trading volume of 106 shares, compared to its average volume of 5,226. Range Capital Acquisition Corp II has a one year low of $9.90 and a one year high of $10.07.

Institutional Trading of Range Capital Acquisition Corp II

An institutional investor recently bought a new position in Range Capital Acquisition Corp II stock. Sona Asset Management US LLC purchased a new stake in shares of Range Capital Acquisition Corp II (NASDAQ:RNGT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 109,609 shares of the company’s stock, valued at approximately $1,096,000. Sona Asset Management US LLC owned approximately 0.35% of Range Capital Acquisition Corp II as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Range Capital Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Range Capital Acquisition Corp II presently has a consensus rating of “Sell”.

Range Capital Acquisition Corp II Company Profile

Range Capital Acquisition Corp II is a blank check company.