IGNY
Price:
$13.05
Market Cap:
$261.76M
Ignyte Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company intends to focus on target businesses in the life sciences, biotechnology, and healthcare sectors. Ignyte Acquisition Corp. was incorporated in 2020 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2021-03-12
Stock Exchange
NASDAQ
Ticker
IGNY
According to Ignyte Acquisition Corp.’s latest financial reports and current stock price. The company's current ROE is 1.67%. This represents a change of 568.94% compared to the average of 0.25% of the last 4 quarters.
The mean historical ROE of Ignyte Acquisition Corp. over the last ten years is 124.27%. The current 1.67% ROE has changed -98.65% with respect to the historical average. Over the past ten years (40 quarters), IGNY's ROE was at its highest in in the December 2022 quarter at 161.70%. The ROE was at its lowest in in the March 2022 quarter at -115.57%.
Average
124.27%
Median
81.77%
Minimum
0%
Maximum
333.54%
Discovering the peaks and valleys of Ignyte Acquisition Corp. ROE, 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 = Infinity%
Maximum Annual ROE = 333.54%
Minimum Annual Increase = -100.00%
Minimum Annual ROE = 0%
| Year | ROE | Change |
|---|---|---|
| 2023 | 0% | -100.00% |
| 2022 | 163.53% | -50.97% |
| 2021 | 333.54% | Infinity% |
The current ROE of Ignyte Acquisition Corp. (IGNY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
165.69%
5-year avg
124.27%
10-year avg
124.27%
Ignyte Acquisition Corp.’s ROE is less than SILVERspac Inc. (8.17%), greater than Live Oak Crestview Climate Acquisition Corp. (-0.25%), less than TortoiseEcofin Acquisition Corp. III (5.07%), greater than Build Acquisition Corp. (-0.45%), greater than Corazon Capital V838 Monoceros Corp (-0.56%), less than Waverley Capital Acquisition Corp. 1 (2.40%), less than Ventoux CCM Acquisition Corp. (5.36%), less than Blue Whale Acquisition Corp I (5.37%), less than CC Neuberger Principal Holdings III (18.54%),
| Company | ROE | Market cap |
|---|---|---|
| 8.17% | $262.75M | |
| -0.25% | $260.75M | |
| 5.07% | $265.11M | |
| -0.45% | $255.00M | |
| -0.56% | $260.48M | |
| 2.40% | $280.14M | |
| 5.36% | $260.93M | |
| 5.37% | $258.47M | |
| 18.54% | $214.62M |
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