Stock Forecast

  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.

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Velocity Acquisition Corp. Stock Forecast - Is Velocity Acquisition Corp. a Buy or Sell?

DCF ScoreStrong Buy
ROE ScoreStrong Sell
ROA ScoreNeutral
DE ScoreSell
PE ScoreBuy
PB ScoreStrong Sell
Overall RecommendationNeutral

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 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.

Traeger, Weber battle it out in barbecue IPO mini-boom as consumers spend billions on outdoor cooking

With people staying home amid the pandemic, barbecuing and outdoor cooking boomed, providing Weber and Traeger boosts that led both companies to go public.

Date : 29/07/2021

About Velocity Acquisition Corp.

CEO : Mr. Adrian Covey
Sector : Financial Services
Industry : Shell Companies

Website :

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.

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