Altimeter Growth Corp. ( AGC) Stock. Should you Buy or Sell? $ 11.01
-1.71 (-18.39 %)
Altimeter Growth Corp. Analysis
Updated on 10-09-2022| Symbol | AGC |
| Price | $11.01 |
| Beta | 0.000 |
| Volume Avg. | $4.06 M |
| Market Cap | $688.12 M |
| 52 Week Range | $10.04 - $18.1086 |
Altimeter Growth Corp. opened the day at $11.01 which is -18.39 % on yesterday's close. Altimeter Growth Corp. has a 52 week high of $18.1086 and 52 week low of $10.04, which is a difference of $8.0686. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $688.12 M and total net profit is $0 which means the company is trading at inf times profit to market capitalization. Theoretically, if you were to buy Altimeter Growth Corp. for $688.12 M, it would take 15 years to get your money back. Altimeter Growth Corp. are in the Shell Companies space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
Altimeter Growth Corp. Stock Forecast - Is Altimeter Growth Corp. a Buy or Sell?
| DCF Score | Strong Buy | |
| ROE Score | Buy | |
| ROA Score | Neutral | |
| DE Score | Neutral | |
| PE Score | Buy | |
| PB Score | Strong Buy | |
| Overall Recommendation | Buy |
Growth and Value
| PE Ratio | 17.077 |
| Dividend Yiel | 0.000 |
| Net Profit Margin | 0.000 |
Valuing Altimeter Growth Corp.
| Price Book Value Ratio | 1.678 | Price To Book Ratio | 1.678 |
| Price To Sales Ratio | 0.000 | Price Earnings Ratio | 17.077 |
How liquid is Altimeter Growth Corp.
| Current Ratio | 0.032 |
| Quick Ratio | 0.008 |
Debt
| Debt Ratio | 0.180 | Debt Equity Ratio | 0.220 |
| Long Term Debt To Capitalization | 0.000 | Total Debt To Capitalization | 0.000 |
Latest news about Altimeter Growth Corp.
Shares of Grab Holdings tumbled on its first trading day on the Nasdaq, after completing the world's biggest ever merger involving a special purpose acquisition company, or SPAC.
Grab has seen its shares lose over a fifth of their value on its first day in trading in New York, per a Wall Street Journal (WSJ) report Thursday (Dec. 2). The ride-hailing and delivery company has been set back shortly after its merger with a special purpose acquisition company (SPAC).
Grab's Nasdaq debut Thursday (Dec. 2) is off to a bumpy start, with shares dropping throughout the day from the opening price of $13.06 each, hitting $9.37 at midday, the Associated Press (AP) reported. Singapore-based Grab is Southeast Asia's largest ride-haling company, according to the report.
After completing the richest deal yet for a special-purpose acquisition company, Grab Holdings Ltd. shares experienced an initial pop Thursday, their first day of trading in the U.S., but then slumped to a decline of more than 20%.
Grab, the Singapore-based ride-hailing giant swiftly growing its footprint as a super app, is making its U.S. debut on the Nasdaq exchange today (Dec. 2). And now, we might say, the hard part begins.
About Altimeter Growth Corp.
Description :
Altimeter Growth Corp. is a blank check company. The company was founded in in 2020 and is based in Menlo Park, California.
