Latamgrowth Spac Stock Today
| LATG Stock | USD 11.68 0.01 0.09% |
Performance23 of 100
| Odds Of DistressLess than 46
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LatAmGrowth SPAC is trading at 11.68 as of the 30th of November 2024. This is a 0.09 percent increase since the beginning of the trading day. The stock's lowest day price was 11.68. LatAmGrowth SPAC has 46 percent odds of going through some form of financial distress in the next two years but had a very solid returns during the last 90 days. Equity ratings for LatAmGrowth SPAC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 18th of March 2022 | Classification Financials |
The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. LatAmGrowth SPAC was incorporated in 2021 and is based in Mexico City, Mexico. Latamgrowth Spac operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.. The company has 4.59 M outstanding shares of which 539 shares are now shorted by private and institutional investors with about 0.01 trading days to cover. More on LatAmGrowth SPAC
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LatAmGrowth Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President | Zhiyang Zhou | |||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||
Financial Strength
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| Debt LevelsLatAmGrowth SPAC 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 LatAmGrowth SPAC's financial leverage. It provides some insight into what part of LatAmGrowth SPAC's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||
LatAmGrowth SPAC (LATG) is traded on NASDAQ Exchange in USA. It is located in No. 29-11, South Beach Tower, Singapore, Singapore, 189767 and employs 7 people. LatAmGrowth SPAC 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 79.24 M. LatAmGrowth SPAC conducts business under Capital Markets sector and is part of Financials industry. The entity has 4.59 M outstanding shares of which 539 shares are now shorted by private and institutional investors with about 0.01 trading days to cover.
LatAmGrowth SPAC currently holds about 1.41 M in cash with (747.38 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Check LatAmGrowth SPAC Probability Of Bankruptcy
Ownership AllocationThe market capitalization of LatAmGrowth SPAC is $79.24 Million. The majority of LatAmGrowth SPAC outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in LatAmGrowth SPAC to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in LatAmGrowth SPAC. Please pay attention to any change in the institutional holdings of LatAmGrowth SPAC as this could imply that something significant has changed or is about to change at the company. Also note that almost five hundred sixty-two thousand five hundred eighty-nine invesors are currently shorting LatAmGrowth SPAC expressing very little confidence in its future performance.
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LatAmGrowth Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Spartan Fund Management Inc. | 2024-09-30 | 125 K | |
| Lmr Partners Llp | 2024-06-30 | 100 K | |
| Centiva Capital Lp | 2024-09-30 | 99.7 K | |
| Bck Capital Management Lp | 2024-09-30 | 84.7 K | |
| Glazer Capital, Llc | 2024-09-30 | 45.1 K | |
| Robinson Capital Management, Inc. | 2024-09-30 | 12 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1000 | |
| Picton Mahoney Asset Management | 2024-09-30 | 0.0 | |
| Quarry Lp | 2024-06-30 | 0.0 | |
| Wolverine Asset Management Llc | 2024-09-30 | 374.4 K | |
| First Trust Capital Management L.p. | 2024-09-30 | 367.3 K |
LatAmGrowth SPAC Historical Income Statement
LatAmGrowth Stock Against Markets
LatAmGrowth SPAC Corporate Management
| Yixuan Yuan | Chief Officer | Profile | |
| Gerard Cremoux | CFO CEO | Profile | |
| Zhaohai Wang | Chief Officer | Profile | |
| Hector Duro | Managing Director | Profile | |
| Gerardo Mendoza | Chief Officer | Profile | |
| Miguel Olea | Managing Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LatAmGrowth SPAC. 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. For more detail on how to invest in LatAmGrowth Stock please use our How to Invest in LatAmGrowth SPAC guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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 LatAmGrowth SPAC. If investors know LatAmGrowth 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 LatAmGrowth SPAC 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 (0.87) | Earnings Share (0.36) | Return On Assets (0.03) |
The market value of LatAmGrowth SPAC is measured differently than its book value, which is the value of LatAmGrowth that is recorded on the company's balance sheet. Investors also form their own opinion of LatAmGrowth SPAC's value that differs from its market value or its book value, called intrinsic value, which is LatAmGrowth SPAC'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 LatAmGrowth SPAC's market value can be influenced by many factors that don't directly affect LatAmGrowth SPAC'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 LatAmGrowth SPAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if LatAmGrowth SPAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LatAmGrowth SPAC'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.