Broad Capital Acquisition Stock Today
| BRAC Stock | USD 11.72 0.05 0.43% |
Performance14 of 100
| Odds Of DistressLess than 11
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Broad Capital is trading at 11.72 as of the 11th of December 2024, a 0.43% increase since the beginning of the trading day. The stock's open price was 11.67. Broad Capital has less than a 11 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 20th of July 2023 and ending today, the 11th of December 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 5th of October 2017 | Classification Financials |
Broad Capital Acquisition Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Plano, Texas. The company has 4.71 M outstanding shares of which 377 shares are currently shorted by private and institutional investors with about 0.74 trading days to cover. More on Broad Capital Acquisition
Moving together with Broad Stock
| 0.88 | V | Visa Class A | PairCorr |
| 0.85 | MA | Mastercard | PairCorr |
| 0.9 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
Moving against Broad Stock
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Broad Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsBroad Capital can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broad Capital's financial leverage. It provides some insight into what part of Broad Capital's total assets is financed by creditors.
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Broad Capital Acquisition (BRAC) is traded on NASDAQ Exchange in USA. It is located in 6208 Sandpebble Court, Dallas, TX, United States, 75254 and employs 2 people. Broad Capital is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 55.18 M. Broad Capital Acquisition conducts business under Capital Markets sector and is part of Financials industry. The entity has 4.71 M outstanding shares of which 377 shares are currently shorted by private and institutional investors with about 0.74 trading days to cover.
Broad Capital Acquisition currently holds about 622.35 K in cash with (1.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Check Broad Capital Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Broad Capital Acquisition is $55.18 Million. Over half of Broad Capital's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Broad Ownership Details
Broad Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Yakira Capital Management, Inc. | 2024-09-30 | 571.9 K | |
| Rivernorth Capital Management, Llc | 2024-09-30 | 350 K | |
| Meteora Capital, Llc | 2024-09-30 | 295.5 K | |
| Cowen And Company, Llc | 2024-09-30 | 116 K | |
| Wolverine Asset Management Llc | 2024-09-30 | 83.9 K | |
| Berkley W R Corp | 2024-09-30 | 73.7 K | |
| Warberg Asset Management Llc | 2024-09-30 | 50.1 K | |
| Tower Research Capital Llc | 2024-09-30 | 2.0 |
Broad Capital Historical Income Statement
Broad Stock Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broad Capital Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broad Capital. If investors know Broad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broad Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.21) | Return On Assets (0.04) |
The market value of Broad Capital Acquisition is measured differently than its book value, which is the value of Broad that is recorded on the company's balance sheet. Investors also form their own opinion of Broad Capital's value that differs from its market value or its book value, called intrinsic value, which is Broad Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broad Capital's market value can be influenced by many factors that don't directly affect Broad Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broad Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broad Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broad Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.