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Rice Acquisition Corp. II (NYSE:RONI) Trading Up 1.9% - Still a Buy?

Rice Acquisition Corp. II logo with Financial Services background

Key Points

  • Rice Acquisition Corp. II (NYSE:RONI) shares increased by 1.9%, reaching a last trading price of $2.13 after previously closing at $2.09.
  • Trading volume surged to 760,383 shares, representing a 210% increase from the average session volume of 245,594 shares.
  • The company, incorporated in 2021 and based in Carnegie, Pennsylvania, is focused on pursuing mergers and business combinations rather than having significant operations of its own.
  • MarketBeat previews the top five stocks to own by November 1st.

Rice Acquisition Corp. II (NYSE:RONI - Get Free Report) rose 1.9% on Friday . The stock traded as high as $2.23 and last traded at $2.13. Approximately 760,383 shares changed hands during mid-day trading, an increase of 210% from the average daily volume of 245,594 shares. The stock had previously closed at $2.09.

Rice Acquisition Corp. II Stock Up 2.3%

The company has a fifty day moving average price of $2.60 and a two-hundred day moving average price of $2.58.

About Rice Acquisition Corp. II

(Get Free Report)

Rice Acquisition Corp. II 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. Rice Acquisition Corp. II was incorporated in 2021 and is based in Carnegie, Pennsylvania.

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