Ix Acquisition Corp Stock Today

IXAQ Stock  USD 11.63  0.08  0.69%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 30

 
High
 
Low
Below Average
IX Acquisition is selling at 11.63 as of the 1st of December 2024; that is 0.69% increase since the beginning of the trading day. The stock's last reported lowest price was 11.63. IX Acquisition has about a 30 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for IX Acquisition Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
30th of November 2021
Classification
Financials
It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in London, United Kingdom. Ix Acquisition is traded on NASDAQ Exchange in the United States.. The company has 6.85 M outstanding shares of which 1.11 K shares are currently shorted by private and institutional investors with about 0.04 trading days to cover. More on IX Acquisition Corp

Moving against IXAQ Stock

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  0.5BRACU Broad Capital AcquisitionPairCorr
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  0.32EMCGR Embrace Change AcquiPairCorr

IXAQ Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CFO, CEONoah Aptekar
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
Return On Assets0.06750.1276
Way Down
Slightly volatile
Total Current Liabilities1.7 M3.1 M
Way Down
Slightly volatile
Non Current Liabilities Total10.4 M6.4 M
Way Up
Slightly volatile
Total Assets29.9 M31.5 M
Notably Down
Slightly volatile
Total Current Assets51.6 K54.3 K
Notably Down
Slightly volatile
Debt Levels
IX 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 IX Acquisition's financial leverage. It provides some insight into what part of IX Acquisition's total assets is financed by creditors.
IX Acquisition Corp (IXAQ) is traded on NASDAQ Exchange in USA and employs 4 people. IX 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 99.46 M. IX Acquisition Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 6.85 M outstanding shares of which 1.11 K shares are currently shorted by private and institutional investors with about 0.04 trading days to cover. IX Acquisition Corp currently holds about 296.46 K in cash with (605.73 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check IX Acquisition Probability Of Bankruptcy
Ownership Allocation
The market capitalization of IX Acquisition Corp is $99.46 Million. IX Acquisition shows tangible 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 IXAQ Ownership Details

IXAQ Stock Institutional Holders

InstituionRecorded OnShares
Tower Research Capital Llc2024-06-30
0.0
Fir Tree Inc
0.0
Westchester Capital Management Llc2024-09-30
0.0
Quarry Lp2024-06-30
0.0
First Trust Capital Management L.p.2024-09-30
0.0
Glazer Capital, Llc2024-09-30
0.0
Mizuho Securities Usa Inc2024-06-30
0.0
Rivernorth Capital Management, Llc2024-06-30
375 K
Meteora Capital, Llc2024-09-30
311.3 K
Polar Asset Management Partners2024-09-30
300 K
Wolverine Asset Management Llc2024-09-30
249.6 K
View IX Acquisition Diagnostics

IX Acquisition Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. IX Acquisition market risk premium is the additional return an investor will receive from holding IX Acquisition long position in a well-diversified portfolio.

IXAQ Stock Against Markets

Additional Tools for IXAQ Stock Analysis

When running IX Acquisition's price analysis, check to measure IX Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IX Acquisition is operating at the current time. Most of IX Acquisition's value examination focuses on studying past and present price action to predict the probability of IX Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IX Acquisition's price. Additionally, you may evaluate how the addition of IX Acquisition to your portfolios can decrease your overall portfolio volatility.