Carney Technology Acquisition II (Nasdaq:CTAQ.U) - Stock Price, News & Analysis

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CTAQ.U Stock Overview

Carney Technology Acquisition Corp. II does not have significant operations.

About the company

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

Rewards

Earnings grew by 96.5% over the past year

Risk Analysis

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

Negative shareholders equity

Debt is not well covered by operating cash flow

Carney Technology Acquisition Corp. II Competitors

Diamond Hill Investment Group

NasdaqGS:DHIL

US$469.5m

Adams Natural Resources Fund

NYSE:PEO

US$505.0m

African Gold Acquisition

OTCPK:AGAC.F

US$158.6m

Vinci Partners Investments

NasdaqGS:VINP

US$567.8m

Price History & Performance

Summary of all time highs, changes and price drops for Carney Technology Acquisition II
Historical stock prices
Current Share Price	US$10.19
52 Week High	US$10.95
52 Week Low	US$9.48
Beta	-0.038
1 Month Change	-0.098%
3 Month Change	1.49%
1 Year Change	2.62%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0.39%

Recent updates

Shareholder Returns

	CTAQ.U	US Capital Markets	US Market
7D	-0.1%	2.3%	2.3%
1Y	2.6%	9.8%	18.1%

Return vs Industry: CTAQ.U exceeded the US Capital Markets industry which returned -6.4% over the past year.

Return vs Market: CTAQ.U exceeded the US Market which returned -7.8% over the past year.

Price Volatility

Is CTAQ.U's price volatile compared to industry and market?
CTAQ.U volatility
CTAQ.U Average Weekly Movement	5.4%
Capital Markets Industry Average Movement	2.4%
Market Average Movement	6.1%
10% most volatile stocks in US Market	17.1%
10% least volatile stocks in US Market	2.8%

Stable Share Price: CTAQ.U has not had significant price volatility in the past 3 months.

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

About the Company

Founded	Employees	CEO	Website
2020	n/a	Dave Roberson

Carney Technology Acquisition Corp. II does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company focuses on searching for a potential business combination target in the technology industry.

Carney Technology Acquisition Corp. II Fundamentals Summary

How do Carney Technology Acquisition II's earnings and revenue compare to its market cap?
CTAQ.U fundamental statistics
Market Cap	US$521.34m
Earnings (TTM)	US$9.20m
Revenue (TTM)	n/a

56.7x

P/E Ratio

0.0x

P/S Ratio

Is CTAQ.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CTAQ.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$9.20m
Earnings	US$9.20m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.18
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-2.6%

How did CTAQ.U perform over the long term?

See historical performance and comparison

Carney Technology Acquisition II NasdaqCM:CTAQ.U Stock Report