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

Wall Street Zen upgraded shares of Cohen Circle Acquisition Corp. II (NASDAQ:CCII) to a hold rating in a research note published on Saturday morning,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 report on Tuesday, September 1st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Cohen Circle Acquisition Corp. II presently has an average rating of “Sell”.

Cohen Circle Acquisition Corp. II Stock Up 0.1%

Shares of NASDAQ:CCII opened at $10.31 on Friday. The firm’s 50 day moving average price is $10.31 and its 200 day moving average price is $10.30. Cohen Circle Acquisition Corp. II has a fifty-two week low of $10.11 and a fifty-two week 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 added to or reduced their stakes in CCII. Sona Asset Management US LLC acquired a new position in shares of Cohen Circle Acquisition Corp. II during the 1st quarter worth $3,577,000. SkyView Investment Advisors LLC purchased a new stake in shares of Cohen Circle Acquisition Corp. II in the second quarter valued at about $515,000. Finally, Readystate Asset Management LP acquired a new stake in Cohen Circle Acquisition Corp. II during the 2nd quarter valued at $259,000.

About Cohen Circle Acquisition Corp. II

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.