Nabors Energy Transition Corp. II (NASDAQ:NETD - Get Free Report)'s stock price traded down 0.1% during mid-day trading on Friday . The stock traded as low as $11.08 and last traded at $11.09. 1,302,374 shares were traded during trading, an increase of 676% from the average session volume of 167,846 shares. The stock had previously closed at $11.10.
Nabors Energy Transition Corp. II Price Performance
The company has a market cap of $422.60 million, a P/E ratio of 50.39 and a beta of -0.02. The company has a 50 day moving average of $11.06 and a 200-day moving average of $10.96.
Nabors Energy Transition Corp. II (NASDAQ:NETD - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.02 earnings per share (EPS) for the quarter.
Institutional Investors Weigh In On Nabors Energy Transition Corp. II
Several large investors have recently added to or reduced their stakes in the business. Quarry LP purchased a new stake in Nabors Energy Transition Corp. II during the fourth quarter valued at about $128,000. Geode Capital Management LLC raised its position in Nabors Energy Transition Corp. II by 7.8% during the fourth quarter. Geode Capital Management LLC now owns 30,176 shares of the company's stock valued at $326,000 after purchasing an additional 2,194 shares in the last quarter. Virtu Financial LLC raised its position in Nabors Energy Transition Corp. II by 319.4% during the first quarter. Virtu Financial LLC now owns 43,976 shares of the company's stock valued at $482,000 after purchasing an additional 33,490 shares in the last quarter. Centiva Capital LP purchased a new stake in Nabors Energy Transition Corp. II during the fourth quarter valued at about $1,959,000. Finally, Alpine Global Management LLC purchased a new stake in Nabors Energy Transition Corp. II during the first quarter valued at about $2,947,000. Institutional investors own 75.52% of the company's stock.
Nabors Energy Transition Corp. II Company Profile
(
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Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions.
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