Global Lights Acquisition (Nasdaq:GLAC) - Stock Price, News & Analysis

GLAC Stock Overview

Does not have significant operations. More details

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

Rewards

Became profitable this year

Risk Analysis

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

Debt is not well covered by operating cash flow

Negative shareholders equity

Does not have a meaningful market cap ($95M)

Global Lights Acquisition Corp Competitors

Aimei Health Technology

NasdaqGM:AFJK

US$95.7m

Evergreen

NasdaqGM:EVGR

US$94.8m

Schultze Special Purpose Acquisition II

NasdaqGM:SAMA

US$95.6m

Quetta Acquisition

NasdaqGM:QETA

US$93.9m

Price History & Performance

Summary of all time highs, changes and price drops for Global Lights Acquisition
Historical stock prices
Current Share Price	US$10.61
52 Week High	US$10.62
52 Week Low	US$10.04
Beta	0
11 Month Change	0.95%
3 Month Change	1.92%
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	5.57%

Recent updates

Shareholder Returns

	GLAC	US Capital Markets	US Market
7D	0.09%	0.2%	-1.2%
1Y	n/a	55.4%	30.4%

Return vs Industry: Insufficient data to determine how GLAC performed against the US Capital Markets industry.

Return vs Market: Insufficient data to determine how GLAC performed against the US Market.

Price Volatility

Is GLAC's price volatile compared to industry and market?
GLAC volatility
GLAC Average Weekly Movement	0.4%
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: GLAC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GLAC's weekly volatility (0%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2021	n/a	Zhizhuang Miao	n/a

Global Lights Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People’s Republic of China.

Global Lights Acquisition Corp Fundamentals Summary

How do Global Lights Acquisition's earnings and revenue compare to its market cap?
GLAC fundamental statistics
Market cap	US$95.22m
Earnings (TTM)	US$2.31m
Revenue (TTM)	n/a

41.3x

P/E Ratio

0.0x

P/S Ratio

Is GLAC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLAC income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$2.31m
Earnings	US$2.31m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.26
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-7.7%

How did GLAC perform over the long term?

See historical performance and comparison

Global Lights Acquisition NasdaqGM:GLAC Stock Report