Altimeter Growth Corp. ( AGC) Stock. Should you Buy or Sell? $ 11.01
-1.71 (-18.39 %)
Altimeter Growth Corp. AnalysisUpdated on 10-09-2022
|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.
Altimeter Growth Corp. Stock Forecast - Is Altimeter Growth Corp. a Buy or Sell?
|DCF Score||Strong Buy|
|PB Score||Strong Buy|
Growth and Value
|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.
|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.
Altimeter Growth Corp. is a blank check company. The company was founded in in 2020 and is based in Menlo Park, California.