SilverBox Corp V (NYSE:SBXE) Announces Quarterly Earnings Results

SilverBox Corp V (NYSE:SBXE) released its quarterly earnings data on Tuesday. The company reported $0.11 earnings per share for the quarter, Zacks reports.

SilverBox Corp V Stock Performance

SBXE traded up $0.02 during mid-day trading on Tuesday, reaching $10.14. 40,006 shares of the stock were exchanged, compared to its average volume of 57,162. The stock has a market capitalization of $281.81 million and a PE ratio of 144.81. The company has a 50 day moving average price of $10.11 and a two-hundred day moving average price of $10.07. SilverBox Corp V has a 1 year low of $9.88 and a 1 year high of $10.24.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of SilverBox Corp V from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, October 13th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About SilverBox Corp V

SilverBox Corp V is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating businesses. Potential transactions may include a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar transaction. Unlike an operating company, SilverBox Corp V does not currently provide products or services of its own. Its activities are focused on evaluating potential acquisition targets, conducting due diligence and seeking shareholder approval for a proposed transaction.