Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The price of Inflection Point Acquisition Corp. IV (NASDAQ: BACQ) closed at $10.97 in the last session, up 0.64% from day before closing price of $10.9. In other words, the price has increased by $0.64 from its previous closing price. On the day, 0.81 million shares were traded. BACQ stock price reached its highest trading level at $11.34 during the session, while it also had its lowest trading level at $10.9151.
Ratios:
We take a closer look at BACQ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.62 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BACQ now has a Market Capitalization of 461745568 and an Enterprise Value of 368575680. As of this moment, Inflection’s Price-to-Earnings (P/E) ratio for their current fiscal year is 58.44.
Stock Price History:
Over the past 52 weeks, BACQ has reached a high of $13.21, while it has fallen to a 52-week low of $9.80. The 50-Day Moving Average of the stock is 2.45%, while the 200-Day Moving Average is calculated to be 6.86%.
Shares Statistics:
According to the various share statistics, BACQ traded on average about 619.76K shares per day over the past 3-months and 2139800 shares per day over the past 10 days. A total of 25.43M shares are outstanding, with a floating share count of 22.77M. Insiders hold about 32.54% of the company’s shares, while institutions hold 72.84% stake in the company. Shares short for BACQ as of 1760486400 were 40616 with a Short Ratio of 0.07, compared to 1757894400 on 7391. Therefore, it implies a Short% of Shares Outstanding of 40616 and a Short% of Float of 0.16.
