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Spring Valley Acquisition Corp. II (NASDAQ:SVII) Earns Hold (C-) Rating from Weiss Ratings

Spring Valley Acquisition Corp. II logo with Financial Services background

Key Points

  • Spring Valley Acquisition Corp. II (NASDAQ: SVII) received a "hold (C-)" rating from Weiss Ratings, indicating a neutral outlook on the stock's performance.
  • As of Wednesday, SVII shares opened at $12.24, with a 52-week price range of $11.20 to $13.39.
  • An institutional investor, Mizuho Securities USA LLC, increased its holdings in SVII by 16.1%, now owning approximately 2.06% of the company.
  • Interested in Spring Valley Acquisition Corp. II? Here are five stocks we like better.

Spring Valley Acquisition Corp. II (NASDAQ:SVII - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by equities researchers at Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Spring Valley Acquisition Corp. II Price Performance

Shares of SVII stock opened at $12.24 on Wednesday. Spring Valley Acquisition Corp. II has a 52 week low of $11.20 and a 52 week high of $13.39. The firm has a 50 day moving average of $12.17 and a two-hundred day moving average of $11.85.

Institutional Investors Weigh In On Spring Valley Acquisition Corp. II

An institutional investor recently raised its position in Spring Valley Acquisition Corp. II stock. Mizuho Securities USA LLC lifted its position in shares of Spring Valley Acquisition Corp. II (NASDAQ:SVII - Free Report) by 16.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 204,004 shares of the company's stock after purchasing an additional 28,336 shares during the period. Mizuho Securities USA LLC owned about 2.06% of Spring Valley Acquisition Corp. II worth $2,326,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 89.78% of the company's stock.

Spring Valley Acquisition Corp. II Company Profile

(Get Free Report)

Spring Valley Acquisition Corp. II does not have significant operations. It intends effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. The company was incorporated in 2021 and is based in Dallas, Texas.

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