Logistics Innovation Technologies (Nasdaq:LITT.U) - Stock Price, News & Analysis

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LITT.U Stock Overview

Logistics Innovation Technologies Corp. does not have significant operations.

About the company

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

Rewards

Trading at 82.5% below our estimate of its fair value

Earnings grew by 30.3% over the past year

Risk Analysis

Shares are highly illiquid

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

Negative shareholders equity

Less than 3 years of financial data is available

+ 1 more risk

Logistics Innovation Technologies Corp. Competitors

MELI Kaszek Pioneer

NasdaqGM:MEKA

US$438.2m

Pontem

NYSE:PNTM

US$441.7m

Acropolis Infrastructure Acquisition

NYSE:ACRO

US$173.7m

TortoiseEcofin Acquisition III

OTCPK:TRTL.F

US$267.0m

Price History & Performance

Summary of all time highs, changes and price drops for Logistics Innovation Technologies
Historical stock prices
Current Share Price	US$10.25
52 Week High	US$11.18
52 Week Low	US$9.60
Beta	0
11 Month Change	0.29%
3 Month Change	-3.39%
1 Year Change	4.67%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	2.50%

Recent updates

Shareholder Returns

	LITT.U	US Capital Markets	US Market
7D	-0.5%	1.2%	0.3%
1Y	4.7%	43.7%	32.4%

Return vs Industry: LITT.U underperformed the US Capital Markets industry which returned 13% over the past year.

Return vs Market: LITT.U underperformed the US Market which returned 17.7% over the past year.

Price Volatility

Is LITT.U's price volatile compared to industry and market?
LITT.U volatility
LITT.U Average Weekly Movement	n/a
Capital Markets Industry Average Movement	4.0%
Market Average Movement	6.4%
10% most volatile stocks in US Market	15.0%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
2021	n/a	Alan Gershenhorn	n/a

Logistics Innovation Technologies Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to acquire businesses serving the senior market or capable of being repositioned to do so.

Logistics Innovation Technologies Corp. Fundamentals Summary

How do Logistics Innovation Technologies's earnings and revenue compare to its market cap?
LITT.U fundamental statistics
Market cap	US$436.35m
Earnings (TTM)	US$9.55m
Revenue (TTM)	n/a

45.7x

P/E Ratio

0.0x

P/S Ratio

Is LITT.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LITT.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	-US$9.55m
Earnings	US$9.55m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-1.7%

How did LITT.U perform over the long term?

See historical performance and comparison

Logistics Innovation Technologies NasdaqGM:LITT.U Stock Report