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A Stock With Stellar Fundamentals? Social Capital Suvretta Holdings Corp. II (NASDAQ:DNAB): Is It Right For You?

March 15, 2023
in Finance

Stocks of Social Capital Suvretta Holdings Corp. II (NASDAQ:DNAB) traded higher last session on Wall Street, down -0.39% to $10.19.

DNAB stock price is now 0.58% away from the 50-day moving average and 2.98% away from the 200-day moving average. The market capitalization of the company currently stands at $323.23M.

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A total of 14.40% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in DNAB stock. A new stake in Social Capital Suvretta Holdings Corp. II shares was purchased by SOCIAL CAPITAL GROUP LLC during the first quarter worth $6,522,000. MIZUHO SECURITIES USA LLC invested $5,095,000 in shares of DNAB during the first quarter. In the first quarter, ATLAS MERCHANT CAPITAL LLC acquired a new stake in Social Capital Suvretta Holdings Corp. II valued at approximately $2,344,000. EXOS ASSET MANAGEMENT LLC acquired a new stake in DNAB for approximately $2,121,000. FIR TREE CAPITAL MANAGEMENT LP purchased a new stake in DNAB valued at around $727,000 in the second quarter. In total, there are 91 active investors with 97.40% ownership of the company’s stock.

Tuesday’s opening bell rang with an opening price of $10.20 for Social Capital Suvretta Holdings Corp. II (NASDAQ: DNAB). During the past 12 months, Social Capital Suvretta Holdings Corp. II has had a low of $9.65 and a high of $11.02. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 4.20, and a quick ratio of 4.20. The fifty day moving average price for DNAB is $10.13 and a two-hundred day moving average price translates $9.90 for the stock.

The latest earnings results from Social Capital Suvretta Holdings Corp. II (NASDAQ: DNAB) was released for Sep, 2022.

Social Capital Suvretta Holdings Corp. II(DNAB) Company Profile

Social Capital Suvretta Holdings Corp. II 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 in biotechnology industry. The company was incorporated in 2021 and is based in Henderson, Nevada.

Tags: DNABDNAB stockNASDAQ:DNABSocial Capital Suvretta Holdings Corp. II

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