Infintt Acquisition Corp Stock Today

IFIN Stock  USD 11.37  0.02  0.18%   

Performance

12 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 43

 
100  
 
Zero
Below Average
InFintT Acquisition is selling at 11.37 as of the 2nd of March 2024; that is 0.18 percent up since the beginning of the trading day. The stock's open price was 11.35. InFintT Acquisition has about a 43 percent probability of financial distress in the next few years of operation but had a somewhat good performance during the last 90 days. Equity ratings for InFintT Acquisition Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of October 2023 and ending today, the 2nd of March 2024. Please note, there could be an existing legal relationship between InFintT Acquisition Corp (IFIN) and IFIN.WS. Click here to learn more.
Business Domain
Financial Services
IPO Date
10th of January 2022
Classification
Financials
InFinT Acquisition Corporation does not have significant operations. The company was incorporated in 2021 and is based in New York, New York. Infint Acquisition operates under Shell Companies classification in the United States and is traded on New York Stock Exchange. The company has 7.41 M outstanding shares of which 2.16 K shares are currently shorted by private and institutional investors with about 0.04 trading days to cover. More on InFintT Acquisition Corp

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InFintT Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. InFintT Acquisition's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding InFintT Acquisition or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Related EntityIFIN.WS
CEOAlexander Edgarov
Thematic Ideas
(View all Themes)
SEC FilingsInFintT Acquisition Security & Exchange Commission EDGAR Reports
Business ConcentrationAsset Management & Custody Banks, Financial Services, Investing, Heavy Metals, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Financial Strength
Based on the analysis of InFintT Acquisition's profitability, liquidity, and operating efficiency, InFintT Acquisition Corp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of InFintT Acquisition Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted25.3 M29.7 M
Fairly Down
Slightly volatile
Weighted Shares25.3 M29.7 M
Fairly Down
Slightly volatile
Current Liabilities3.5 M3.3 M
Significantly Up
Slightly volatile
Total Liabilities9.7 M10.2 M
Notably Down
Slightly volatile
Current Assets338.1 K329.4 K
Fairly Up
Slightly volatile
Total Assets246.5 M240.7 M
Fairly Up
Slightly volatile
InFintT Acquisition Corp (IFIN) is traded on New York Stock Exchange in USA. It is located in 32 Broadway, New York, NY, United States, 10004 and employs 8 people. InFintT Acquisition is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 150.56 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate InFintT Acquisition's market, we take the total number of its shares issued and multiply it by InFintT Acquisition's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. InFintT Acquisition Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 7.41 M outstanding shares of which 2.16 K shares are currently shorted by private and institutional investors with about 0.04 trading days to cover. InFintT Acquisition Corp currently holds about 776.48 K in cash with (674.52 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Check InFintT Acquisition Probability Of Bankruptcy
Ownership Allocation
InFintT Acquisition secures a total of 7.41 Million outstanding shares. The majority of InFintT Acquisition Corp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in InFintT Acquisition to benefit from reduced commissions. Accordingly, third-party entities are subject to a different set of regulations than regular investors in InFintT Acquisition Corp. Please pay attention to any change in the institutional holdings of InFintT Acquisition Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check InFintT Ownership Details

InFintT Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of InFintT Acquisition jumping above the current price in 90 days from now is about 7.6%. The InFintT Acquisition Corp probability density function shows the probability of InFintT Acquisition stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days InFintT Acquisition has a beta of 0.0369. This usually indicates as returns on the market go up, InFintT Acquisition average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding InFintT Acquisition Corp will be expected to be much smaller as well. Additionally, the company has an alpha of 0.01, implying that it can generate a 0.01 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 11.37HorizonTargetOdds Above 11.37
91.80%90 days
 11.37 
7.60%
Based on a normal probability distribution, the odds of InFintT Acquisition to move above the current price in 90 days from now is about 7.6 (This InFintT Acquisition Corp probability density function shows the probability of InFintT Stock to fall within a particular range of prices over 90 days) .

InFintT Stock Institutional Holders

Institutional Holdings refers to the ownership stake in InFintT Acquisition that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of InFintT Acquisition's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing InFintT Acquisition's value.
InstituionRecorded OnShares
Periscope Capital Inc.2023-09-30
250 K
Centiva Capital, Lp2023-09-30
249.5 K
Radcliffe Group Inc2023-09-30
204.9 K
Lmr Partners Llp2023-09-30
200 K
Tenor Capital Management Co Lp2023-09-30
194 K
Quarry Lp2023-09-30
183.6 K
Spartan Fund Management Inc.2023-09-30
158.6 K
Rivernorth Capital Management, Llc2023-09-30
150 K
Cowen And Company, Llc2023-09-30
139.8 K
Wolverine Asset Management Llc2023-09-30
709.8 K
Mizuho Securities Usa Inc2023-12-31
548.4 K
View InFintT Acquisition Diagnostics

InFintT Acquisition Historical Income Statement

InFintT Acquisition Corp Income Statement is one of the three primary financial statements used for reporting InFintT's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of InFintT Acquisition Corp revenue and expense. InFintT Acquisition Income Statement primarily focuses on the company's revenues and expenses during a particular period.
View More Fundamentals

InFintT Stock Against Markets

Picking the right benchmark for InFintT Acquisition stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in InFintT Acquisition stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for InFintT Acquisition is critical whether you are bullish or bearish towards InFintT Acquisition Corp at a given time. Please also check how InFintT Acquisition's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in InFintT Acquisition without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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InFintT Acquisition Corporate Management

Elected by the shareholders, the InFintT Acquisition's board of directors comprises two types of representatives: InFintT Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of InFintT. The board's role is to monitor InFintT Acquisition's management team and ensure that shareholders' interests are well served. InFintT Acquisition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, InFintT Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jing HuangIndependent DirectorProfile
Kevin ChenDirectorProfile
Dave CameronIndependent DirectorProfile
Andrey NovikovIndependent DirectorProfile
Michael MoradzadehIndependent DirectorProfile

How to buy InFintT Stock?

Before investing in InFintT Acquisition, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in InFintT Acquisition. To buy InFintT Acquisition stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of InFintT Acquisition. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase InFintT Acquisition stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located InFintT Acquisition Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased InFintT Acquisition Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as InFintT Acquisition Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy InFintT Stock please use our How to Invest in InFintT Acquisition guide.

Already Invested in InFintT Acquisition Corp?

The danger of trading InFintT Acquisition Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of InFintT Acquisition is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than InFintT Acquisition. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile InFintT Acquisition Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether InFintT Acquisition Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of InFintT Acquisition's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Infintt Acquisition Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Infintt Acquisition Corp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InFintT Acquisition Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running InFintT Acquisition's price analysis, check to measure InFintT Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InFintT Acquisition is operating at the current time. Most of InFintT Acquisition's value examination focuses on studying past and present price action to predict the probability of InFintT Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InFintT Acquisition's price. Additionally, you may evaluate how the addition of InFintT Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is InFintT Acquisition's industry 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 InFintT Acquisition. If investors know InFintT 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 InFintT Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.01
Return On Assets
(0.01)
The market value of InFintT Acquisition Corp is measured differently than its book value, which is the value of InFintT that is recorded on the company's balance sheet. Investors also form their own opinion of InFintT Acquisition's value that differs from its market value or its book value, called intrinsic value, which is InFintT Acquisition'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 InFintT Acquisition's market value can be influenced by many factors that don't directly affect InFintT Acquisition'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 InFintT Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if InFintT Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InFintT Acquisition'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.