Rice Acquisition Corp. II (NYSE:RONI) Trading Up 5.9% – Time to Buy?

Rice Acquisition Corp. II (NYSE:RONIGet Free Report)’s share price traded up 5.9% during mid-day trading on Monday . The company traded as high as $3.25 and last traded at $3.25. 1,518,642 shares traded hands during mid-day trading, an increase of 518% from the average session volume of 245,594 shares. The stock had previously closed at $3.07.

Rice Acquisition Corp. II Stock Performance

The firm’s 50-day moving average price is $7.96 and its 200 day moving average price is $9.04.

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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