UPDATE 1-ICE, Black Knight agree with FTC to dismiss court case against proposed deal
BKIDelisted Stock | USD 70.80 0.84 1.20% |
Under 51% of Black Knight's traders are presently thinking to get in. The analysis of current outlook of investing in Black Knight suggests that some traders are interested regarding Black Knight's prospects. Black Knight's investing sentiment shows overall attitude of investors towards Black Knight.
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Intercontinental Exchange and mortgage data vendor Black Knight said on Monday they have agreed with the U.S. Federal Trade Commission to dismiss a federal court case against their proposed deal. The joint stipulation dissolves a temporary restraining order against ICEs 11.7 billion proposed buyout of Black Knight, allowing the companies and the FTC to continue working toward a final settlement agreement, the companies said. The agreement comes a month after Black Knight agreed to sell a second unit to soothe regulatory concerns over its 11.7 billion proposed buyout by ICE.
Read at finance.yahoo.com
Black Knight Fundamental Analysis
We analyze Black Knight's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Black Knight using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Black Knight based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Black Knight is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Black Knight Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Black Knight stock to make a market-neutral strategy. Peer analysis of Black Knight could also be used in its relative valuation, which is a method of valuing Black Knight by comparing valuation metrics with similar companies.
Peers
Black Knight Related Equities
CWAN | Clearwater Analytics | 3.68 | ||||
AGYS | Agilysys | 3.51 | ||||
TYL | Tyler Technologies | 2.53 | ||||
ADEA | ADEIA P | 2.40 | ||||
MANH | Manhattan Associates | 1.97 | ||||
ALKT | Alkami Technology | 1.66 | ||||
CVLT | CommVault Systems | 1.31 | ||||
ETWO | E2open Parent | 1.18 | ||||
PCTY | Paylocity Holdng | 0.80 | ||||
BLKB | Blackbaud | 0.00 | ||||
PYCR | Paycor HCM | 0.00 | ||||
AZPN | Aspen Technology | 0.00 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Black Stock
If you are still planning to invest in Black Knight check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Black Knight's history and understand the potential risks before investing.
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