Medtech Acquisition Corp Stock Price To Earning
MTACDelisted Stock | USD 10.55 0.03 0.28% |
MedTech Acquisition Corp fundamentals help investors to digest information that contributes to MedTech Acquisition's financial success or failures. It also enables traders to predict the movement of MedTech Stock. The fundamental analysis module provides a way to measure MedTech Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MedTech Acquisition stock.
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MedTech Acquisition Corp Company Price To Earning Analysis
MedTech Acquisition's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current MedTech Acquisition Price To Earning | 31.28 X |
Most of MedTech Acquisition's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MedTech Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, MedTech Acquisition Corp has a Price To Earning of 31.28 times. This is 71.12% higher than that of the Capital Markets sector and significantly higher than that of the Financials industry. The price to earning for all United States stocks is 8.91% lower than that of the firm.
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MedTech Fundamentals
Return On Asset | -0.0193 | |||
Current Valuation | 79.84 M | |||
Shares Outstanding | 7.39 M | |||
Shares Owned By Insiders | 84.51 % | |||
Shares Owned By Institutions | 17.16 % | |||
Number Of Shares Shorted | 2.85 K | |||
Price To Earning | 31.28 X | |||
Price To Book | 1.31 X | |||
EBITDA | (8.58 M) | |||
Net Income | 5.54 M | |||
Cash And Equivalents | 69.18 K | |||
Total Debt | 2.37 M | |||
Debt To Equity | 1.77 % | |||
Current Ratio | 0.15 X | |||
Book Value Per Share | (2.42) X | |||
Cash Flow From Operations | (2.74 M) | |||
Short Ratio | 1.00 X | |||
Earnings Per Share | 0.05 X | |||
Beta | -0.0423 | |||
Market Capitalization | 83.86 M | |||
Total Asset | 20.19 M | |||
Retained Earnings | (13.27 M) | |||
Working Capital | (2.14 M) | |||
Z Score | 18.76 | |||
Net Asset | 20.19 M |
About MedTech Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MedTech Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MedTech Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MedTech Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in MedTech Stock
If you are still planning to invest in MedTech Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the MedTech Acquisition's history and understand the potential risks before investing.
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