Velocity Acquisition Corp. ( VELO) Stock. Should you Buy or Sell? $ 9.81
-0.01 (-0.10 %)
Velocity Acquisition Corp. Analysis
Updated on 10-09-2022
| Symbol |
VELO |
| Price |
$9.81 |
| Beta |
0.000 |
| Volume Avg. |
$64.01 thousand |
| Market Cap |
$282.04 M |
| 52 Week Range |
$9.61 - $9.94 |
Velocity Acquisition Corp. opened the day at $9.81 which is -0.10 % on yesterday's close.
Velocity Acquisition Corp. has a 52 week high of $9.94 and 52 week low of $9.61, which is a difference of $0.33.
We like to see positive, upward trending shares, preferably with momentum.
Market capitalization is $282.04 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 Velocity Acquisition Corp. for $282.04 M, it would take 15 years to get your money back. Velocity Acquisition Corp. are in the Shell Companies space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
1 D | All
Financials
Velocity Acquisition Corp. Stock Forecast - Is Velocity Acquisition Corp. a Buy or Sell?
| DCF Score | | Strong Buy |
| ROE Score | | Strong Sell |
| ROA Score | | Neutral |
| DE Score | | Sell |
| PE Score | | Buy |
| PB Score | | Strong Sell |
| Overall Recommendation | | Neutral |
Growth and Value
| PE Ratio |
33.828 |
| Dividend Yiel |
0.000 |
| Net Profit Margin |
0.000 |
Valuing Velocity Acquisition Corp.
| Price Book Value Ratio |
-6.028 |
Price To Book Ratio |
-6.028 |
| Price To Sales Ratio |
0.000 |
Price Earnings Ratio |
3.965 |
How liquid is Velocity Acquisition Corp.
| Current Ratio |
0.586 |
| Quick Ratio |
0.317 |
Debt
| Debt Ratio |
0.044 |
Debt Equity Ratio |
-1.093 |
| Long Term Debt To Capitalization |
0.000 |
Total Debt To Capitalization |
0.000 |
Latest news about Velocity Acquisition Corp.
About Velocity Acquisition Corp.
CEO : Mr. Adrian Covey
Sector : Financial Services
Industry : Shell Companies
Website : https://velocityacq.co
Exchange : NASDAQ Capital Market
Description :
Velocity Acquisition Corp. does not have significant operations. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in digital transformation businesses. The company was incorporated in 2020 and is based in Ridgefield, Connecticut.
