Ratio Review: Analyzing AltC Acquisition Corp (ALCC)’s Price-to-Cash and Price-to-Free Cash Flow

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

After finishing at $13.00 in the prior trading day, AltC Acquisition Corp (NYSE: ALCC) closed at $12.81, down -1.46%. In other words, the price has decreased by -$1.46 from its previous closing price. On the day, 1.59 million shares were traded. ALCC stock price reached its highest trading level at $13.64 during the session, while it also had its lowest trading level at $12.52.

Ratios:

Our goal is to gain a better understanding of ALCC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.59. 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, ALCC now has a Market Capitalization of 552117440 and an Enterprise Value of 550488960. As of this moment, AltC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 64.08.

Stock Price History:

Over the past 52 weeks, ALCC has reached a high of $17.49, while it has fallen to a 52-week low of $10.24. The 50-Day Moving Average of the stock is 10.06%, while the 200-Day Moving Average is calculated to be 19.32%.

Shares Statistics:

The stock has traded on average 597.70K shares per day over the past 3-months and 680750 shares per day over the last 10 days, according to various share statistics. A total of 30.60M shares are outstanding, with a floating share count of 29.15M. Insiders hold about 32.37% of the company’s shares, while institutions hold 60.76% stake in the company. Shares short for ALCC as of 1713139200 were 120308 with a Short Ratio of 0.20, compared to 1710460800 on 10779. Therefore, it implies a Short% of Shares Outstanding of 120308 and a Short% of Float of 0.41000000000000003.

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