This company is no longer active
ACEV Stock Overview
ACE Convergence Acquisition Corp. does not have significant operations.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
ACE Convergence Acquisition Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.78 |
| 52 Week High | US$10.91 |
| 52 Week Low | US$8.90 |
| Beta | -0.021 |
| 1 Month Change | -4.31% |
| 3 Month Change | -3.84% |
| 1 Year Change | -1.71% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | n/a |
Recent News & Updates
Recent updates
Shareholder Returns
| ACEV | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -6.9% | 0.7% | 0.6% |
| 1Y | -1.7% | 33.6% | 23.9% |
Return vs Industry: ACEV exceeded the US Capital Markets industry which returned -21% over the past year.
Return vs Market: ACEV exceeded the US Market which returned -20.2% over the past year.
Price Volatility
| ACEV volatility | |
|---|---|
| ACEV Average Weekly Movement | 4.7% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ACEV has not had significant price volatility in the past 3 months.
Volatility Over Time: ACEV's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2020 | n/a | Behrooz Abdi | acev.io |
ACE Convergence Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. It intends to focus on businesses in the IT infrastructure software and semiconductor sectors.
ACE Convergence Acquisition Corp. Fundamentals Summary
| ACEV fundamental statistics | |
|---|---|
| Market cap | US$83.06m |
| Earnings (TTM) | -US$3.43m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-24.2x
P/E RatioIs ACEV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ACEV income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$3.43m |
| Earnings | -US$3.43m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.40 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | -6.1% |
How did ACEV perform over the long term?
See historical performance and comparison