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Alset Capital Acquisition NasdaqGM:ACAX Stock Report

Last Price

US$3.82

Market Cap

US$47.4m

7D

-62.9%

1Y

-62.2%

Updated

08 Jan, 2024

Data

Company Financials

Alset Capital Acquisition Corp.

NasdaqGM:ACAX Stock Report

Market Cap: US$47.4m

Alset Capital Acquisition Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Alset Capital Acquisition
Historical stock prices
Current Share PriceUS$3.82
52 Week HighUS$15.04
52 Week LowUS$2.96
Beta0
11 Month Change-63.96%
3 Month Change-64.63%
1 Year Change-62.22%
33 Year Changen/a
5 Year Changen/a
Change since IPO-61.06%

Recent News & Updates

Recent updates

Alset Capital Acquisition Targets Real Estate Proptech Merger After IPO

Apr 01

Shareholder Returns

ACAXUS Capital MarketsUS Market
7D-62.9%3.0%2.2%
1Y-62.2%57.6%31.6%

Return vs Industry: ACAX underperformed the US Capital Markets industry which returned 15.4% over the past year.

Return vs Market: ACAX underperformed the US Market which returned 19.8% over the past year.

Price Volatility

Is ACAX's price volatile compared to industry and market?
ACAX volatility
ACAX Average Weekly Movement24.3%
Capital Markets Industry Average Movement3.9%
Market Average Movement6.3%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: ACAX's share price has been volatile over the past 3 months.

Volatility Over Time: ACAX's weekly volatility has increased from 18% to 24% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aAmbrose Chanwww.alsetcapitalacquisition.com

Alset Capital Acquisition Corp. does not have any significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Alset Capital Acquisition Corp. was incorporated in 2021 and is based in Bethesda, Maryland.

Alset Capital Acquisition Corp. Fundamentals Summary

How do Alset Capital Acquisition's earnings and revenue compare to its market cap?
ACAX fundamental statistics
Market capUS$47.44m
Earnings (TTM)US$878.77k
Revenue (TTM)n/a

20.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACAX income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$878.77k
EarningsUS$878.77k

Last Reported Earnings

Aug 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-10.0%

How did ACAX perform over the long term?

See historical performance and comparison