Rice Acquisition Corp. II (NYSE:RONI) Sets New 12-Month Low – Time to Sell?

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

Rice Acquisition Corp. II Stock Performance

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

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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