CNTQ
Price:
$14
Market Cap:
$9.10M
Chardan NexTech Acquisition 2 Corp. presently lacks substantial active business operations. Its fundamental purpose is to pursue and execute a strategic business combination with one or more other entities. This could encompass various transaction types, including a merger, a share exchange, an asset purchase, a stock acquisition, a recapitalization, or a reorganization. The company's search is primarily directed towards businesses operating within the financial services, healthcare, real estate services, technology, and software sectors. The firm was founded in 2020 and maintains its principal place of business 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 -10255.87% compared to the average of -0.66 of the last 4 quarters.
The mean historical PE Ratio of Chardan NexTech Acquisition 2 Corp. over the last ten years is 1.48K. The current 66.67 PE Ratio has changed 349.05% with respect to the historical average. Over the past ten years (40 quarters), CNTQ's PE Ratio was at its highest in in the September 2021 quarter at 27.25K. The PE Ratio was at its lowest in in the June 2020 quarter at -40916.67.
Average
1.48K
Median
-0.34
Minimum
-11.48
Maximum
8.84K
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 = 8.84K
Minimum Annual Increase = -113.68%
Minimum Annual PE Ratio = -11.48
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | -0.21 | -55.86% |
| 2024 | -0.47 | -77.29% |
| 2023 | -2.07 | -81.96% |
| 2022 | -11.48 | -113.68% |
| 2021 | 83.86 | -99.05% |
The current PE Ratio of Chardan NexTech Acquisition 2 Corp. (CNTQ) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
-0.92
5-year avg
13.93
10-year avg
1.48K
Chardan NexTech Acquisition 2 Corp.’s PE Ratio is less than Independence Holdings Corp. (271.01), greater than Ares Acquisition Corp. III Class A (-2973.08), greater than Ares Acquisition Corporation II (-2.16), less than FTAC Zeus Acquisition Corp. (319.66), greater than MSD Acquisition Corp. (9.48), less than Decarbonization Plus Acquisition Corporation IV (70.75), greater than African Gold Acquisition Corporation (56.26), less than Fusion Acquisition Corp. II (0), greater than Sagaliam Acquisition Corp. (-24.73),
| Company | PE Ratio | Market cap |
|---|---|---|
| 271.01 | $631.66M | |
| -2973.08 | $398.16M | |
| -2.16 | $587.05M | |
| 319.66 | $587.56M | |
| 9.48 | $735.28M | |
| 70.75 | $559.37M | |
| 56.26 | $167.49M | |
| 0 | $178.07M | |
| -24.73 | $586.89M |
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