In yesterday’s Wall Street session, Trine II Acquisition Corp. (NYSE:TRAQ) shares traded at $10.44, down -0.10% from the previous session.
TRAQ stock price is now 1.44% away from the 50-day moving average and 3.80% away from the 200-day moving average. The market capitalization of the company currently stands at $539.33M.
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There have been several recent changes in the stakes of large investors in TRAQ stock. A new stake in Trine II Acquisition Corp. shares was purchased by CALAMOS ADVISORS LLC during the first quarter worth $15,512,000. DIFESA CAPITAL MANAGEMENT, LP invested $2,088,000 in shares of TRAQ during the first quarter. In the first quarter, SPRING CREEK CAPITAL LLC acquired a new stake in Trine II Acquisition Corp. valued at approximately $1,044,000. GLAZER CAPITAL, LLC acquired a new stake in TRAQ for approximately $595,000. WEISS ASSET MANAGEMENT LP purchased a new stake in TRAQ valued at around $122,000 in the second quarter. In total, there are 68 active investors with 73.80% ownership of the company’s stock.
On Monday morning Trine II Acquisition Corp. (NYSE: TRAQ) stock kicked off with the opening price of $10.44. During the past 12 months, Trine II Acquisition Corp. has had a low of $9.87 and a high of $10.52. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.10, and a quick ratio of 0.10. The fifty day moving average price for TRAQ is $10.33 and a two-hundred day moving average price translates $10.12 for the stock.
The latest earnings results from Trine II Acquisition Corp. (NYSE: TRAQ) was released for Sep, 2022.
Trine II Acquisition Corp.(TRAQ) Company Profile
Trine II Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.
