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Northern Lights Acquisition NasdaqCM:NLIT Stock Report

Last Price

US$10.31

Market Cap

US$153.7m

7D

0.6%

1Y

3.3%

Updated

28 Sep, 2022

Data

Company Financials

Northern Lights Acquisition Corp.

NasdaqCM:NLIT Stock Report

Market Cap: US$153.7m

This company is no longer active

The company may no longer be operating, as it may be out of business. Find out why through their latest events.

NLIT Stock Overview

Northern Lights Acquisition Corp. does not have significant operations.

NLIT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Northern Lights Acquisition Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Northern Lights Acquisition
Historical stock prices
Current Share PriceUS$10.31
52 Week HighUS$30.47
52 Week LowUS$7.72
Beta0
1 Month Change-0.48%
3 Month Change-2.83%
1 Year Change3.31%
3 Year Changen/a
5 Year Changen/a
Change since IPO4.35%

Recent News & Updates

SPAC Northern Lights to defer $50M due to Safe Harbor

Sep 23

Recent updates

SPAC Northern Lights to defer $50M due to Safe Harbor

Sep 23

Shareholder Returns

NLITUS Capital MarketsUS Market
7D0.6%2.6%1.2%
1Y3.3%31.6%24.9%

Return vs Industry: NLIT exceeded the US Capital Markets industry which returned -25.5% over the past year.

Return vs Market: NLIT exceeded the US Market which returned -22.1% over the past year.

Price Volatility

Is NLIT's price volatile compared to industry and market?
NLIT volatility
NLIT Average Weekly Movement10.3%
Capital Markets Industry Average Movement3.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: NLIT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2021n/aJohn Darwinnorthernlightsacquisitioncorp.com

Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.

Northern Lights Acquisition Corp. Fundamentals Summary

How do Northern Lights Acquisition's earnings and revenue compare to its market cap?
NLIT fundamental statistics
Market capUS$153.65m
Earnings (TTM)US$2.20m
Revenue (TTM)n/a

70.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NLIT income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$2.20m
EarningsUS$2.20m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did NLIT perform over the long term?

See historical performance and comparison
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