Tuscan Holdings Corp. II ( THCA) Stock. Should you Buy or Sell? $ 10.41
0.01 (0.14 %)
Tuscan Holdings Corp. II Analysis
Updated on 10-09-2022| Symbol | THCA |
| Price | $10.41 |
| Beta | 0.133 |
| Volume Avg. | $37.8 thousand |
| Market Cap | $76.54 M |
| 52 Week Range | $10.06 - $13.77 |
Tuscan Holdings Corp. II opened the day at $10.41 which is +'0.14 % on yesterday's close. Tuscan Holdings Corp. II has a 52 week high of $13.77 and 52 week low of $10.06, which is a difference of $3.71. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $76.54 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 Tuscan Holdings Corp. II for $76.54 M, it would take 15 years to get your money back. Tuscan Holdings Corp. II are in the Shell Companies space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
Tuscan Holdings Corp. II Stock Forecast - Is Tuscan Holdings Corp. II a Buy or Sell?
| DCF Score | Strong Buy | |
| ROE Score | Sell | |
| ROA Score | Neutral | |
| DE Score | Sell | |
| PE Score | Strong Buy | |
| PB Score | Strong Sell | |
| Overall Recommendation | Neutral |
Growth and Value
| PE Ratio | 1040.500 |
| Dividend Yiel | 0.000 |
| Net Profit Margin | 0.000 |
Valuing Tuscan Holdings Corp. II
| Price Book Value Ratio | -22.463 | Price To Book Ratio | -22.463 |
| Price To Sales Ratio | 0.000 | Price Earnings Ratio | 61.171 |
How liquid is Tuscan Holdings Corp. II
| Current Ratio | 0.029 |
| Quick Ratio | 0.020 |
Debt
| Debt Ratio | 0.129 | Debt Equity Ratio | -1.033 |
| Long Term Debt To Capitalization | 0.000 | Total Debt To Capitalization | 0.000 |
Latest news about Tuscan Holdings Corp. II
Potential short squeeze plays gained steam in 2021, with new retail traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling.
A circuit breaker is an automatic, temporary trading halt on specific securities when the underlying stock is experiencing times of high volatility. It is a measure to help restore and bring order to the markets.
NEW YORK, July 7, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Tuscan Holdings Corp. II ("Tuscan" or the "Company") (NASDAQ: THCA). The investigation concerns whether Tuscan and certain of its officers and/or directors have breached fiduciary duties owed to the company and its investors.
NEW YORK, June 10, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Tuscan Holdings Corp. II ("Tuscan" or the "Company") (NASDAQ: THCA). The investigation concerns whether Tuscan and certain of its officers and/or directors have breached fiduciary duties owed to the company and its investors.
Tuscan Holdings Corporation, an electric vehicle battery and charging company, announced a SPAC deal to acquire Microvast. Shane Smith, Microvast executive vice president, joins 'Power Lunch' to discuss what the deal enables Microvast to do, his company's business and more.
About Tuscan Holdings Corp. II
Description :
Tuscan Holdings Corp. II does not have significant operations. It intends to merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the cannabis industry. The company was incorporated in 2019 and is based in New York, New York.
