How have the shares performed?
CC Neuberger Principal Holdings II (PRPB) saw an uptrend of 0.30% in the recent trading with $9.88 being its most recent. The current price level -13.10% lower than the highest price of $11.37 marked by the stock while trading over the past 52-weeks, whereas it is 1.75% higher than the lowest price of $9.71 the company dropped to over past 52-weeks. The latest news story on PRPB appeared in Simply Wall St. under the title “How Many CC Neuberger Principal Holdings II (NYSE:PRPB) Shares Do Institutions Own?” on Apr-06-21.
Squeezing the time span to 30 day period shows us the stock is currently trading -1.30% below one month high and is +1.02% above of the lowest during that time. Looking into the simple moving average, CC Neuberger Principal Holdings II (PRPB)’s stock stands at a SMA-50 of $9.94 while that of 5-day is reading $9.85.
CC Neuberger Principal Holdings II Earnings – What Happened With PRPB
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
PRPB – CC Neuberger Principal Holdings II Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 108.50 million. PRPB does have institutional investors; and they hold 80.60% of the stock.
CC Neuberger Principal Holdings II – Insider Activity and Holdings
As on Dec 30, 2020, Glazer Capital LLC was the top most holder in CC Neuberger Principal Holdings II (NYSE:PRPB) with an ownership of 7.14 million shares of the company or 8.63% of the stake worth $74.27 million. The filing also reveals Millennium Management LLC as the second largest holder in the company with a control over 5.39% of the outstanding shares. Its stake is worth $46.46 million for having 4.47 million shares in hand.
Fir Tree Capital Management LLP also came holding a key position in the company during the recent quarter and it now holds 4.18% of the outstanding shares. With this there are now 83 institutions which have possession in PRPB’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by CC Neuberger Principal Holdings II was 2.26 while posting a debt to equity ratio of 0.00.
Technical Analysis of CC Neuberger Principal Holdings II (NYSE:PRPB) stock