Infintt Acquisition Corp Stock Today

IFIN Stock  USD 11.70  0.01  0.09%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 44

 
High
 
Low
Below Average
InFintT Acquisition is selling at 11.70 as of the 27th of July 2024; that is 0.09% increase since the beginning of the trading day. The stock's open price was 11.69. InFintT Acquisition has about a 44 percent probability of financial distress in the next few years of operation but had a somewhat ok 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 28th of April 2024 and ending today, the 27th of July 2024. 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 4.75 M outstanding shares of which 5.82 K shares are currently shorted by private and institutional investors with about 10.53 trading days to cover. More on InFintT Acquisition Corp

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InFintT Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAlexander Edgarov
Thematic IdeaInvesting (View all Themes)
Business ConcentrationAsset Management & Custody Banks, Financial Services, Investing, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities2.7 M4.6 M
Way Down
Slightly volatile
Non Current Liabilities Total4.8 MM
Significantly Down
Slightly volatile
Total Assets132.7 M83.6 M
Way Up
Slightly volatile
Total Current Assets41.3 K43.5 K
Notably Down
Slightly volatile
Debt Levels
InFintT Acquisition 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 InFintT Acquisition's financial leverage. It provides some insight into what part of InFintT Acquisition's total assets is financed by creditors.
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 123.68 M. InFintT Acquisition Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 4.75 M outstanding shares of which 5.82 K shares are currently shorted by private and institutional investors with about 10.53 trading days to cover. InFintT Acquisition Corp currently holds about 776.48 K in cash with (552.96 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
The market capitalization of InFintT Acquisition is $123.68 Million. 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 is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check InFintT Ownership Details

InFintT Stock Institutional Holders

InstituionRecorded OnShares
Centiva Capital Lp2024-03-31
149.5 K
K2 Principal Fund Lp2024-03-31
120.9 K
Lmr Partners Llp2024-03-31
100 K
Clear Street Llc2024-03-31
K
Spartan Fund Management Inc.2024-03-31
18.0
Saba Capital Management, Lp2024-03-31
0.0
Bck Capital Management Lp2024-03-31
0.0
Periscope Capital Inc.2024-03-31
0.0
Kim, Llc2024-03-31
0.0
First Trust Capital Management L.p.2024-03-31
693.1 K
Meteora Capital, Llc2024-03-31
609.2 K
View InFintT Acquisition Diagnostics

InFintT Acquisition Historical Income Statement

View More Fundamentals

InFintT Stock Against Markets

InFintT Acquisition Corporate Management

Jing HuangIndependent DirectorProfile
Kevin ChenDirectorProfile
Dave CameronIndependent DirectorProfile
Andrey NovikovIndependent DirectorProfile
Michael MoradzadehIndependent DirectorProfile

Additional Information and Resources on Investing in InFintT Stock

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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price 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 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.
Quarterly Earnings Growth
0.011
Earnings Share
0.2
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.