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Atlantic Coastal Acquisition II NasdaqGM:ACAB Stock Report

Last Price

US$5.77

Market Cap

US$47.1m

7D

-42.8%

1Y

-45.6%

Updated

14 Nov, 2024

Data

Company Financials

Atlantic Coastal Acquisition Corp. II

NasdaqGM:ACAB Stock Report

Market Cap: US$47.1m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

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Atlantic Coastal Acquisition Corp. II Competitors

Price History & Performance

Summary of share price highs, lows and changes for Atlantic Coastal Acquisition II
Historical stock prices
Current Share PriceUS$5.77
52 Week HighUS$13.00
52 Week LowUS$5.75
Beta0.014
1 Month Change-48.02%
3 Month Change-47.50%
1 Year Change-45.57%
3 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Atlantic Coastal Acquisition Corp. II Is 2nd SPAC Aimed At Mobility

Mar 23

Shareholder Returns

ACABUS Capital MarketsUS Market
7D-42.8%1.8%-0.3%
1Y-45.6%20.9%8.1%

Return vs Industry: ACAB underperformed the US Capital Markets industry which returned 57.4% over the past year.

Return vs Market: ACAB underperformed the US Market which returned 33.2% over the past year.

Price Volatility

Is ACAB's price volatile compared to industry and market?
ACAB volatility
ACAB Average Weekly Movement16.3%
Capital Markets Industry Average Movement5.6%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market4.2%

Stable Share Price: ACAB's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: ACAB's weekly volatility has increased from 11% to 16% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aShahraab Ahmadatlantic-coastal.com

Atlantic Coastal Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in financial services industry and mobility sector. The company was incorporated in 2021 and is based in New York, New York.

Atlantic Coastal Acquisition Corp. II Fundamentals Summary

How do Atlantic Coastal Acquisition II's earnings and revenue compare to its market cap?
ACAB fundamental statistics
Market capUS$47.13m
Earnings (TTM)-US$1.44m
Revenue (TTM)n/a

0.0x

P/S Ratio

-32.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACAB income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$1.44m
Earnings-US$1.44m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.18
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-13.7%

How did ACAB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/11/14 12:58
End of Day Share Price 2024/11/12 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Atlantic Coastal Acquisition Corp. II is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.