Altitude Acquisition Corp Analysis

ALTUDelisted Stock  USD 10.05  0.04  0.40%   
Altitude Acquisition Corp is overvalued with Real Value of 8.54 and Hype Value of 10.05. The main objective of Altitude Acquisition delisted stock analysis is to determine its intrinsic value, which is an estimate of what Altitude Acquisition Corp is worth, separate from its market price. There are two main types of Altitude Acquisition's stock analysis: fundamental analysis and technical analysis.
The Altitude Acquisition stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Altitude Acquisition is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Altitude Stock trading window is adjusted to America/New York timezone.
  
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Altitude Stock Analysis Notes

About 88.0% of the company shares are held by company insiders. The company last dividend was issued on the 24th of February 2020. Altitude Acquisition Corp. does not have significant operations. The company was incorporated in 2020 and is based in Atlanta, Georgia. Altitude Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange. For more info on Altitude Acquisition Corp please contact the company at 800 950 2950 or go to https://www.altitudeac.com.

Altitude Acquisition Corp Investment Alerts

Altitude Acquisition is not yet fully synchronised with the market data
Altitude Acquisition has a very high chance of going through financial distress in the upcoming years
Altitude Acquisition Corp currently holds 275 K in liabilities. Altitude Acquisition Corp has a current ratio of 0.19, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Altitude Acquisition's use of debt, we should always consider it together with its cash and equity.
Net Loss for the year was (3.97 M) with profit before overhead, payroll, taxes, and interest of 0.
Altitude Acquisition Corp currently holds about 164.25 K in cash with (615.72 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 88.0% of the company shares are held by company insiders

Altitude Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 85.77 M.

Altitude Acquisition Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Altitude Acquisition insiders, such as employees or executives, is commonly permitted as long as it does not rely on Altitude Acquisition's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Altitude Acquisition insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Altitude Acquisition Outstanding Bonds

Altitude Acquisition issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Altitude Acquisition Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Altitude bonds can be classified according to their maturity, which is the date when Altitude Acquisition Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Altitude Acquisition Predictive Daily Indicators

Altitude Acquisition intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Altitude Acquisition stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

About Altitude Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Altitude Acquisition prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Altitude shares will generate the highest return on investment. We also built our delisted stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Delisted Stock such as Altitude Acquisition. By using and applying Altitude Stock analysis, traders can create a robust methodology for identifying Altitude entry and exit points for their positions.
Altitude Acquisition Corp. does not have significant operations. The company was incorporated in 2020 and is based in Atlanta, Georgia. Altitude Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Altitude Acquisition to your portfolios without increasing risk or reducing expected return.

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You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Other Consideration for investing in Altitude Stock

If you are still planning to invest in Altitude Acquisition Corp 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 Altitude Acquisition's history and understand the potential risks before investing.
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