Bynordic Acquisition Corp Stock Today

BYNO Stock  USD 11.43  0.00  0.00%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 28

 
High
 
Low
Below Average
Bynordic Acquisition is selling at 11.43 as of the 1st of December 2024; that is No Change since the beginning of the trading day. The stock's open price was 11.43. Bynordic Acquisition has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Bynordic Acquisition Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
5th of April 2022
Classification
Financials
byNordic Acquisition Corporation does not have significant operations. The company was incorporated in 2019 and is based in Malm, Sweden. Bynordic Acquisition is traded on NASDAQ Exchange in the United States. The company has 3.95 M outstanding shares of which 9.4 K shares are currently shorted by private and institutional investors with about 0.01 trading days to cover. More on Bynordic Acquisition Corp

Moving together with Bynordic Stock

  0.62DIST Distoken AcquisitionPairCorr
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Moving against Bynordic Stock

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  0.36PFTAW Portage Fintech AcquPairCorr

Bynordic Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current LiabilitiesM6.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total7.5 M7.1 M
Sufficiently Up
Slightly volatile
Total Assets49 M41.9 M
Fairly Up
Slightly volatile
Debt Levels
Bynordic Acquisition 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 Bynordic Acquisition's financial leverage. It provides some insight into what part of Bynordic Acquisition's total assets is financed by creditors.
Liquidity
Bynordic Acquisition Corp currently holds 4.93 M in liabilities. Bynordic Acquisition Corp has a current ratio of 4.12, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Bynordic Acquisition's use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

5.18 Million
Bynordic Acquisition Corp (BYNO) is traded on NASDAQ Exchange in USA. It is located in Einar Hansens Esplanad 29, Malmö, Sweden, 211 13 and employs 5 people. Bynordic Acquisition 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 87.99 M. Bynordic Acquisition Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 3.95 M outstanding shares of which 9.4 K shares are currently shorted by private and institutional investors with about 0.01 trading days to cover. Bynordic Acquisition Corp currently holds about 1.05 M in cash with (3.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check Bynordic Acquisition Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Bynordic Acquisition Corp is $87.99 Million. Bynordic Acquisition Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Bynordic Ownership Details

Bynordic Stock Institutional Holders

InstituionRecorded OnShares
Yakira Capital Management, Inc.2024-06-30
59.3 K
Bulldog Investors, Llc2024-06-30
58.2 K
Clear Street Llc2024-06-30
36.1 K
Quarry Lp2024-06-30
14.6 K
Warberg Asset Management Llc2024-06-30
11.9 K
Penderfund Capital Management Ltd2024-06-30
4.4 K
Ubs Group Ag2024-06-30
88.0
Deltec Asset Management Llc2024-09-30
0.0
Robinson Capital Management, Inc.2024-09-30
0.0
Rivernorth Capital Management, Llc2024-06-30
742.5 K
Walleye Trading Advisors, Llc2024-06-30
276 K
View Bynordic Acquisition Diagnostics

Bynordic Acquisition Historical Income Statement

At this time, Bynordic Acquisition's Net Income From Continuing Ops is very stable compared to the past year. As of the 1st of December 2024, EBIT is likely to grow to about 4.9 M, though Operating Income is likely to grow to (1.3 M). View More Fundamentals

Bynordic Stock Against Markets

Bynordic Acquisition Corporate Management

When determining whether Bynordic Acquisition Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bynordic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bynordic Acquisition Corp Stock. Highlighted below are key reports to facilitate an investment decision about Bynordic Acquisition Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bynordic Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Bynordic Stock, please use our How to Invest in Bynordic Acquisition guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 Bynordic Acquisition. If investors know Bynordic 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 Bynordic Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
0.02
Return On Assets
(0.01)
The market value of Bynordic Acquisition Corp is measured differently than its book value, which is the value of Bynordic that is recorded on the company's balance sheet. Investors also form their own opinion of Bynordic Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Bynordic Acquisition'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 Bynordic Acquisition's market value can be influenced by many factors that don't directly affect Bynordic Acquisition'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 Bynordic Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bynordic Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bynordic Acquisition'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.