Rice Acquisition Corp. II (NYSE:RONI) Reaches New 1-Year Low – Should You Sell?

Shares of Rice Acquisition Corp. II (NYSE:RONIGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $9.02 and last traded at $9.09, with a volume of 455350 shares traded. The stock had previously closed at $9.09.

Rice Acquisition Corp. II Trading Up 24.6 %

The stock’s 50-day moving average price is $8.31 and its 200-day moving average price is $9.31.

About Rice Acquisition Corp. II

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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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