Glazer Capital LLC has recently announced that it has increased stake in two (NYSE:TWOA) by 58.16%. After grabbing 1.22 million shares, the institutional investor is now in possession of 0.45 million shares of the Financial Company. The new investment brought the stake of investor firm to 5.53% having worth around $12.22 million. Moreover, Aristeia Capital LLC increased its share by 0.19 million to have a control over 0.74 million shares. And Marshall Wace LLP raised its holdings to 291.0 shares by acquiring 0.62 million shares or 2.81% of the stake.
two (TWOA) concluded trading on 01/12/23 at a closing price of $10.17, with 2.01 million shares of worth about $20.45 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.99% during that period and on Thursday the price saw a gain of about 0.59%. Currently the company’s common shares owned by public are about 27.43M shares, out of which, 22.07M shares are available for trading.
CI Global Alpha Innovators Corpor, Lumyna Funds – PSAM Global Event, and Lumyna – MW TOPS UCITS Fund are the top 3 mutual funds which are holding stakes in two CI Global Alpha Innovators Corpor is currently holding 0.5 million shares of worth totaling $5.01 million. The company recently came buying 0.0 shares which brought its stake up to 2.27% of the company’s outstanding shares. Lumyna – MW TOPS UCITS Fund, after buying 98516.0 shares, have now control over 0.45% of the stake in the company. It holds 98516.0 shares of worth $0.99 million.
However, the stock later moved at a day high price of 10.17, or with a gain of 0.59%. Stock saw a price change of 0.79% in past 5 days and over the past one month there was a price change of 1.40%. Year-to-date (YTD), TWOA shares are showing a performance of 0.99% which increased to 4.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.65 but also hit the highest price of $10.12 during that period. The average intraday trading volume for two shares is 60.64K. The stock is currently trading 1.02% above its 20-day simple moving average (SMA20), while that difference is up 1.49% for SMA50 and it goes to 3.10% higher than SMA200.
Glazer Capital LLC acquired 1.22 million shares of two having value of about $12.22 million. Data submitted at the U.S SEC by Glazer Capital LLC revealed that the firm now holds 0.45 million shares in the company valued at close to $4561651.8, or have control over 58.16% stake in the company. Holding of mutual funds in the company is about 4.53% while other institutional holders and individual stake holders have control over 89.29% and — of the stake respectively.
The stock has a current market capitalization of $278.86M. It has posted earnings per share of -$0.01 in the same period. It has Quick Ratio of 1.20 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TWOA, volatility over the week remained 0.30% while standing at 0.15% over the month.
Analysts at 0 brokerage firms have issued recommendations for the two (TWOA)’s stock out of those 0 Wall Street analysts, 0 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.