Stocks of Elliott Opportunity II Corp. (NYSE:EOCW) traded higher last session on Wall Street, up 0.10% to $10.22.
EOCW stock price is now 0.78% away from the 50-day moving average and 3.07% away from the 200-day moving average. The market capitalization of the company currently stands at $778.66M.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our
5 Best Growth Stocks To Own For 2023.
Sponsored
.
A total of 4.02% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EOCW stock. A new stake in Elliott Opportunity II Corp. shares was purchased by ATLAS MERCHANT CAPITAL LLC during the first quarter worth $7,665,000. FIRST TRUST CAPITAL MANAGEMENT L.P. invested $6,183,000 in shares of EOCW during the first quarter. In the first quarter, SHAOLIN CAPITAL MANAGEMENT LLC acquired a new stake in Elliott Opportunity II Corp. valued at approximately $5,417,000. HSBC HOLDINGS PLC acquired a new stake in EOCW for approximately $4,238,000. SCHECHTER INVESTMENT ADVISORS, LLC purchased a new stake in EOCW valued at around $2,959,000 in the second quarter. In total, there are 89 active investors with 74.10% ownership of the company’s stock.
Wednesday’s opening bell rang with an opening price of $10.21 for Elliott Opportunity II Corp. (NYSE: EOCW). During the past 12 months, Elliott Opportunity II Corp. has had a low of $9.67 and a high of $10.40. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.70, and a quick ratio of 0.70. The fifty day moving average price for EOCW is $10.15 and a two-hundred day moving average price translates $9.93 for the stock.
The latest earnings results from Elliott Opportunity II Corp. (NYSE: EOCW) was released for Sep, 2022.
Elliott Opportunity II Corp.(EOCW) Company Profile
Elliott Opportunity II Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets in the technology sector. The company was incorporated in 2021 and is based in West Palm Beach, Florida.