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BYTE Acquisition NasdaqCM:BYTS Stock Report

Last Price

US$6.49

Market Cap

US$115.1m

7D

-35.1%

1Y

-35.6%

Updated

21 Dec, 2023

Data

Company Financials

BYTE Acquisition Corp.

NasdaqCM:BYTS Stock Report

Market Cap: US$115.1m

BYTS Stock Overview

BYTE Acquisition Corp. does not have significant operations. More details

BYTS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

BYTE Acquisition Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for BYTE Acquisition
Historical stock prices
Current Share PriceUS$6.49
52 Week HighUS$13.36
52 Week LowUS$5.28
Beta-0.00036
11 Month Change-39.35%
3 Month Change-41.53%
1 Year Change-35.55%
33 Year Changen/a
5 Year Changen/a
Change since IPO-33.78%

Recent News & Updates

Recent updates

Shareholder Returns

BYTSUS Capital MarketsUS Market
7D-35.1%0.2%1.0%
1Y-35.6%52.6%31.4%

Return vs Industry: BYTS underperformed the US Capital Markets industry which returned 17.7% over the past year.

Return vs Market: BYTS underperformed the US Market which returned 20.8% over the past year.

Price Volatility

Is BYTS's price volatile compared to industry and market?
BYTS volatility
BYTS Average Weekly Movement20.5%
Capital Markets Industry Average Movement3.8%
Market Average Movement6.3%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: BYTS's weekly volatility has increased from 9% to 20% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aSam Gloorbytespac.com

BYTE Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus its search for targets in the Israeli technology industry, including cybersecurity, automotive technology, fintech, enterprise software, cloud computing, semiconductors, medical technology, artificial intelligence, and robotics.

BYTE Acquisition Corp. Fundamentals Summary

How do BYTE Acquisition's earnings and revenue compare to its market cap?
BYTS fundamental statistics
Market capUS$115.07m
Earnings (TTM)-US$196.49k
Revenue (TTM)n/a

0.0x

P/S Ratio

-362.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BYTS income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$196.49k
Earnings-US$196.49k

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-0.8%

How did BYTS perform over the long term?

See historical performance and comparison