Target Global Acquisition Stock Today

TGAA Stock  USD 11.35  0.00  0.00%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 19

 
High
 
Low
Low
Target Global is trading at 11.35 as of the 2nd of December 2024, a No Change since the beginning of the trading day. The stock's open price was 11.35. Target Global has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Target Global Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
1st of February 2022
Classification
Financials
Target Global Acquisition I Corp. does not have significant operations. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands. Target Global is traded on NASDAQ Exchange in the United States. The company has 7.13 M outstanding shares of which 2.26 K shares are at this time shorted by private and institutional investors with about 0.24 trading days to cover. More on Target Global Acquisition

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Target Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Target Global 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 Target Global's financial leverage. It provides some insight into what part of Target Global's total assets is financed by creditors.
Target Global Acquisition (TGAA) is traded on NASDAQ Exchange in USA. It is located in 23 Lime Tree Bay Avenue, Grand Cayman, Cayman Islands, KY1-1002 and employs 4 people. Target Global 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 81.05 M. Target Global Acquisition conducts business under Capital Markets sector and is part of Financials industry. The entity has 7.13 M outstanding shares of which 2.26 K shares are at this time shorted by private and institutional investors with about 0.24 trading days to cover. Target Global Acquisition currently holds about 416.82 K in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Target Global Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Target Global is $81.05 Million. Target Global Acquisition has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 75.12 % of Target Global outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that roughly two hundred thirty-two thousand three hundred eighty-seven invesors are currently shorting Target Global expressing very little confidence in its future performance.
Check Target Ownership Details

Target Stock Institutional Holders

InstituionRecorded OnShares
Tidal Investments Llc.2024-09-30
23.3 K
Atlas Merchant Capital Llc2024-09-30
21.1 K
Walleye Trading Llc2024-09-30
19.1 K
Virtu Financial Llc2024-06-30
14.8 K
Tuttle Capital Management, Llc2024-09-30
13.3 K
Clear Street Llc2024-06-30
913
Karpus Management Inc2024-09-30
0.0
Bck Capital Management Lp2024-09-30
0.0
Hsbc Holdings Plc2024-06-30
0.0
Berkley W R Corp2024-09-30
252 K
Cowen And Company, Llc2024-09-30
248.1 K
View Target Global Diagnostics

Target Global Historical Income Statement

View More Fundamentals

Target Stock Against Markets

Target Global Corporate Management

When determining whether Target Global Acquisition is a strong investment it is important to analyze Target Global'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 Target Global's future performance. For an informed investment choice regarding Target Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Global 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 nation.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 Target Global. If investors know Target 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 Target Global 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
0.313
Earnings Share
0.14
Return On Assets
(0.03)
The market value of Target Global Acquisition is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Global's value that differs from its market value or its book value, called intrinsic value, which is Target Global'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 Target Global's market value can be influenced by many factors that don't directly affect Target Global'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 Target Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Global'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.