Arena Fortify Acquisition (Nasdaq:AFAC.U) - Stock Price, News & Analysis

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This company may still be operating, however this listing is no longer active. Find out why through their latest events.

AFAC.U Stock Overview

Arena Fortify Acquisition Corp. does not have significant operations.

About the company

AFAC.U fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	0/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (15.2x) is below the Capital Markets industry average (27.2x)

Risk Analysis

Negative shareholders equity

Makes less than USD$1m in revenue ($0)

Shares are highly illiquid

Debt is not well covered by operating cash flow

+ 1 more risk

Arena Fortify Acquisition Corp. Competitors

Chardan NexTech Acquisition 2

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Bluescape Opportunities Acquisition

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US$226.5m

Battery Future Acquisition

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US$217.3m

Relativity Acquisition

NasdaqGM:RACY

US$228.7m

Price History & Performance

Summary of all time highs, changes and price drops for Arena Fortify Acquisition
Historical stock prices
Current Share Price	US$10.23
52 Week High	US$10.42
52 Week Low	US$9.97
Beta	0
1 Month Change	0.39%
3 Month Change	n/a
1 Year Change	1.79%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	1.59%

Recent updates

Shareholder Returns

	AFAC.U	US Capital Markets	US Market
7D	-0.2%	0.4%	0.5%
1Y	1.8%	2.7%	13.3%

Return vs Industry: AFAC.U exceeded the US Capital Markets industry which returned -20.8% over the past year.

Return vs Market: AFAC.U exceeded the US Market which returned -20.6% over the past year.

Price Volatility

Is AFAC.U's price volatile compared to industry and market?
AFAC.U volatility
AFAC.U Average Weekly Movement	n/a
Capital Markets Industry Average Movement	2.1%
Market Average Movement	6.0%
10% most volatile stocks in US Market	15.4%
10% least volatile stocks in US Market	2.9%

Stable Share Price: Insufficient data to determine AFAC.U's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine AFAC.U's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Dan Zwirn	https://arenafortify.com

Arena Fortify Acquisition Corp. does not have 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. It intends to focus on acquisition candidates within the natural resources industry.

Arena Fortify Acquisition Corp. Fundamentals Summary

How do Arena Fortify Acquisition's earnings and revenue compare to its market cap?
AFAC.U fundamental statistics
Market Cap	US$221.45m
Earnings (TTM)	US$14.54m
Revenue (TTM)	n/a

15.2x

P/E Ratio

0.0x

P/S Ratio

Is AFAC.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AFAC.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$14.54m
Earnings	US$14.54m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.67
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-72.3%

How did AFAC.U perform over the long term?

See historical performance and comparison

Arena Fortify Acquisition NasdaqGM:AFAC.U Stock Report