Newbury Street II Acquisition Corp – Class A Ordinary Shares (NASDAQ:NTWO – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.04 earnings per share (EPS) for the quarter, FiscalAI reports.
Newbury Street II Acquisition Corp – Class A Ordinary Shares Stock Performance
Shares of NASDAQ NTWO traded down $0.07 during midday trading on Friday, hitting $10.98. 333,878 shares of the company’s stock were exchanged, compared to its average volume of 235,839. The stock’s 50 day moving average price is $10.88 and its 200-day moving average price is $10.70. Newbury Street II Acquisition Corp – Class A Ordinary Shares has a twelve month low of $10.35 and a twelve month high of $12.14.
Wall Street Analyst Weigh In
Separately, Weiss Ratings downgraded Newbury Street II Acquisition Corp – Class A Ordinary Shares from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on NTWO
Institutional Trading of Newbury Street II Acquisition Corp – Class A Ordinary Shares
Large investors have recently added to or reduced their stakes in the business. Wealthspring Capital LLC acquired a new position in Newbury Street II Acquisition Corp – Class A Ordinary Shares during the 3rd quarter worth $4,751,000. T3 Companies LLC acquired a new position in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the third quarter valued at $1,182,000. Robinson Capital Management LLC increased its holdings in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares by 78.7% during the second quarter. Robinson Capital Management LLC now owns 27,250 shares of the company’s stock valued at $290,000 after purchasing an additional 12,000 shares during the period. Finally, Sona Asset Management US LLC acquired a new position in shares of Newbury Street II Acquisition Corp – Class A Ordinary Shares during the first quarter valued at $1,764,000.
About Newbury Street II Acquisition Corp – Class A Ordinary Shares
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