Inception Growth Acquisition Stock Today

IGTA Stock  USD 11.70  0.02  0.17%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 55

 
High
 
Low
Average
Inception Growth is trading at 11.70 as of the 1st of December 2024, a 0.17 percent decrease since the beginning of the trading day. The stock's open price was 11.72. Inception Growth has over 55 % chance of experiencing financial distress in the next 2 years of operation, but had a somewhat good returns during the last 90 days. Equity ratings for Inception Growth Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
21st of January 2022
Classification
Financials
Inception Growth Acquisition Limited does not have significant operations. Inception Growth Acquisition Limited was incorporated in 2021 and is based in New York, New York. Inception Growth is traded on NASDAQ Exchange in the United States. The company has 3.9 M outstanding shares of which 601 shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. More on Inception Growth Acquisition

Moving together with Inception Stock

  0.71V Visa Class APairCorr
  0.84DIST Distoken AcquisitionPairCorr
  0.64MA MastercardPairCorr

Moving against Inception Stock

  0.4PWUPW PowerUp Acquisition CorpPairCorr
  0.34TETEW Technology TelecommunicatioPairCorr
  0.31BRACU Broad Capital AcquisitionPairCorr

Inception Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO ChairmanCheuk Chow
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.01140.0128
Fairly Down
Slightly volatile
Total Current Liabilities1.1 MM
Way Down
Slightly volatile
Non Current Liabilities TotalM2.2 M
Fairly Down
Slightly volatile
Total Assets30.5 M32.1 M
Notably Down
Slightly volatile
Total Current Assets57.4 K60.4 K
Notably Down
Slightly volatile
Debt Levels
Inception Growth can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Inception Growth's financial leverage. It provides some insight into what part of Inception Growth's total assets is financed by creditors.
Inception Growth Acquisition (IGTA) is traded on NASDAQ Exchange in USA. It is located in 875 Washington Street, New York, NY, United States, 10014 and employs 3 people. Inception Growth is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 45.73 M. Inception Growth Acq conducts business under Capital Markets sector and is part of Financials industry. The entity has 3.9 M outstanding shares of which 601 shares are currently shorted by private and institutional investors with about 0.0 trading days to cover. Inception Growth Acquisition currently holds about 787.45 K in cash with (997.8 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Inception Growth Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Inception Growth is $45.73 Million. Over half of Inception Growth's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Inception Ownership Details

Inception Stock Institutional Holders

InstituionRecorded OnShares
Cowen And Company, Llc2024-06-30
0.0
Shay Capital Llc2024-06-30
0.0
Spartan Fund Management Inc.2024-06-30
0.0
Exos Asset Management, Llc2024-06-30
0.0
K2 Principal Fund Lp2024-06-30
0.0
Robinson Capital Management, Inc.2024-06-30
0.0
Fir Tree Inc2024-06-30
0.0
Tidal Investments Llc.2024-06-30
0.0
Jpmorgan Chase & Co2024-06-30
0.0
Hudson Bay Capital Management Lp2024-09-30
372.9 K
Cnh Partners, Llc2024-06-30
112 K
View Inception Growth Diagnostics

Inception Growth Historical Income Statement

View More Fundamentals

Inception Stock Against Markets

When determining whether Inception Growth Acq is a strong investment it is important to analyze Inception Growth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inception Growth's future performance. For an informed investment choice regarding Inception Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inception Growth Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Inception Growth. If investors know Inception will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Inception Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Earnings Share
0.38
Return On Assets
(0.03)
The market value of Inception Growth Acq is measured differently than its book value, which is the value of Inception that is recorded on the company's balance sheet. Investors also form their own opinion of Inception Growth's value that differs from its market value or its book value, called intrinsic value, which is Inception Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Inception Growth's market value can be influenced by many factors that don't directly affect Inception Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Inception Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inception Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inception Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.