The stock of Warburg Pincus Capital Corporation I-B (NYSE:WPCB) last traded at $10.16, up 0.10% from the previous session.
WPCB stock price is now 0.86% away from the 50-day moving average and 2.58% away from the 200-day moving average. The market capitalization of the company currently stands at $697.22M.
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There have been several recent changes in the stakes of large investors in WPCB stock. A new stake in Warburg Pincus Capital Corporation I-B shares was purchased by BNP PARIBAS ARBITRAGE, SNC during the first quarter worth $10,165,000. ANGELO GORDON & CO LP invested $5,083,000 in shares of WPCB during the first quarter. In the first quarter, WESTCHESTER CAPITAL MANAGEMENT, LLC acquired a new stake in Warburg Pincus Capital Corporation I-B valued at approximately $4,828,000. SUSQUEHANNA INTERNATIONAL GROUP, LLP acquired a new stake in WPCB for approximately $911,000. WEALTHSPRING CAPITAL LLC purchased a new stake in WPCB valued at around $431,000 in the second quarter. In total, there are 95 active investors with 96.60% ownership of the company’s stock.
With an opening price of $10.17 on Wednesday morning, Warburg Pincus Capital Corporation I-B (NYSE: WPCB) set off the trading day. During the past 12 months, Warburg Pincus Capital Corporation I-B has had a low of $9.69 and a high of $10.43. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.20, and a quick ratio of 0.20. The fifty day moving average price for WPCB is $10.08 and a two-hundred day moving average price translates $9.92 for the stock.
The latest earnings results from Warburg Pincus Capital Corporation I-B (NYSE: WPCB) was released for Jun, 2022.
Warburg Pincus Capital Corporation I-B(WPCB) Company Profile
Warburg Pincus Capital Corporation I-B does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.