Rice Acquisition Corp. II (NYSE:RONI) Reaches New 52-Week Low – Here’s Why

Shares of Rice Acquisition Corp. II (NYSE:RONIGet Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as $9.00 and last traded at $9.40, with a volume of 493794 shares traded. The stock had previously closed at $9.03.

Rice Acquisition Corp. II Price Performance

The stock’s 50 day simple moving average is $8.12 and its two-hundred day simple moving average is $9.40.

Rice Acquisition Corp. II Company Profile

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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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