LITT
Price:
$10.24
Market Cap:
$436.35M
Logistics Innovation Technologies Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire businesses serving the senior market or capable of being repositioned to do so. The company was incorporated in 2021 and is based in Atlanta, Georgia.
Industry
Shell Companies
IPO Date
2021-08-12
Stock Exchange
NASDAQ
Ticker
LITT
According to Logistics Innovation Technologies Corp.’s latest financial reports and current stock price. The company's current ROE is 5.12%. This represents a change of 608.22% compared to the average of 0.72% of the last 4 quarters.
The mean historical ROE of Logistics Innovation Technologies Corp. over the last ten years is -160.85%. The current 5.12% ROE has changed -103.19% with respect to the historical average. Over the past ten years (40 quarters), LITT's ROE was at its highest in in the March 2022 quarter at 2.69%. The ROE was at its lowest in in the December 2021 quarter at -325.79%.
Average
-160.85%
Median
-160.85%
Minimum
-326.69%
Maximum
5.00%
Discovering the peaks and valleys of Logistics Innovation Technologies 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 = 0%
Maximum Annual ROE = 5.00%
Minimum Annual Increase = -101.53%
Minimum Annual ROE = -326.69%
| Year | ROE | Change |
|---|---|---|
| 2022 | 5.00% | -101.53% |
The current ROE of Logistics Innovation Technologies Corp. (LITT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-160.85%
5-year avg
-160.85%
10-year avg
-160.85%
Logistics Innovation Technologies Corp.’s ROE is less than Tailwind International Acquisition Corp. (8.04%), less than Pontem Corporation (11.20%), less than Lead Edge Growth Opportunities, Ltd (5.40%), greater than VPC Impact Acquisition Holdings II (-0.67%), less than Alliance Entertainment Holding Corporation (19.35%), less than Motive Capital Corp II (2.27%), less than Churchill Capital Corp V (5.12%), greater than Summit Healthcare Acquisition Corp. (-0.60%), less than Churchill Capital Corp VI (5.58%), greater than Pine Technology Acquisition Corp. (-1.02%),
| Company | ROE | Market cap |
|---|---|---|
| 8.04% | $435.99M | |
| 11.20% | $441.73M | |
| 5.40% | $440.74M | |
| -0.67% | $328.68M | |
| 19.35% | $348.04M | |
| 2.27% | $448.48M | |
| 5.12% | $283.54M | |
| -0.60% | $334.75M | |
| 5.58% | $433.13M | |
| -1.02% | $438.58M |
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How does the current ROE for Logistics Innovation Technologies Corp. (LITT) compare to its historical average?