CNTQ
Price:
$14
Market Cap:
$49.60M
Chardan NexTech Acquisition 2 Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. It intends to focus on businesses in the financial services, healthcare, real estate services, technology, and software industries. The company was incorporated in 2020 and is headquartered in New York, New York.
Industry
Shell Companies
IPO Date
2021-08-24
Stock Exchange
NASDAQ
Ticker
CNTQ
According to Chardan NexTech Acquisition 2 Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 66.67. This represents a change of -135.31% compared to the average of -188.79 of the last 4 quarters.
The mean historical PE Ratio of Chardan NexTech Acquisition 2 Corp. over the last ten years is 133.07. The current 66.67 PE Ratio has changed 4.91% with respect to the historical average. Over the past ten years (40 quarters), CNTQ's PE Ratio was at its highest in in the December 2021 quarter at 61.04K. The PE Ratio was at its lowest in in the March 2022 quarter at -44219.28.
Average
133.07
Median
-0.47
Minimum
-11.48
Maximum
576.29
Discovering the peaks and valleys of Chardan NexTech Acquisition 2 Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual PE Ratio = 576.29
Minimum Annual Increase = -111.13%
Minimum Annual PE Ratio = -11.48
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -0.47 | -77.31% |
| 2023 | -2.07 | -81.95% |
| 2022 | -11.48 | -111.13% |
| 2021 | 103.08 | -82.11% |
The current PE Ratio of Chardan NexTech Acquisition 2 Corp. (CNTQ) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-4.67
5-year avg
133.07
10-year avg
133.07
Chardan NexTech Acquisition 2 Corp.’s PE Ratio is less than Independence Holdings Corp. (208.34), less than Ares Acquisition Corporation (28.60K), greater than Ares Acquisition Corporation II (-2.53), less than FTAC Zeus Acquisition Corp. (319.70), greater than MSD Acquisition Corp. (9.51), less than Decarbonization Plus Acquisition Corporation IV (71.24), greater than African Gold Acquisition Corporation (55.95), less than Fusion Acquisition Corp. II (0), greater than Sagaliam Acquisition Corp. (-24.88),
| Company | PE Ratio | Market cap |
|---|---|---|
| 208.34 | $631.66M | |
| 28.60K | $761.82M | |
| -2.53 | $587.05M | |
| 319.70 | $587.56M | |
| 9.51 | $735.28M | |
| 71.24 | $559.37M | |
| 55.95 | $167.49M | |
| 0 | $178.07M | |
| -24.88 | $586.89M |
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