TG Venture Acquisition (Nasdaq:TGVC.U) - Stock Price, News & Analysis

TGVC.U Stock Overview

TG Venture Acquisition Corp. does not have significant operations. More details

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

Risk Analysis

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

Negative shareholders equity

Has less than 1 year of cash runway

Shares are highly illiquid

+ 1 more risk

TG Venture Acquisition Corp. Competitors

Binah Capital Group

NasdaqGM:BCG

US$43.5m

180 Degree Capital

NasdaqGM:TURN

US$33.2m

U.S. Global Investors

NasdaqCM:GROW

US$32.9m

Great Elm Group

NasdaqGS:GEG

US$54.1m

Price History & Performance

Summary of all time highs, changes and price drops for TG Venture Acquisition
Historical stock prices
Current Share Price	US$10.35
52 Week High	US$11.27
52 Week Low	US$9.72
Beta	0.0081
11 Month Change	-1.99%
3 Month Change	n/a
1 Year Change	-0.53%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	2.43%

Recent updates

Shareholder Returns

	TGVC.U	US Capital Markets	US Market
7D	0%	3.0%	2.2%
1Y	-0.5%	57.6%	31.6%

Return vs Industry: TGVC.U underperformed the US Capital Markets industry which returned 33% over the past year.

Return vs Market: TGVC.U underperformed the US Market which returned 30.9% over the past year.

Price Volatility

Is TGVC.U's price volatile compared to industry and market?
TGVC.U volatility
TGVC.U Average Weekly Movement	n/a
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
2021	n/a	Patrick Tsang	tgventureacquisition.com

TG Venture Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology industries primarily within the space technology, financial technology, technology, media and telecom, and related sectors in the United States and other developed countries.

TG Venture Acquisition Corp. Fundamentals Summary

How do TG Venture Acquisition's earnings and revenue compare to its market cap?
TGVC.U fundamental statistics
Market cap	US$41.24m
Earnings (TTM)	-US$2.38m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-17.3x

P/E Ratio

Is TGVC.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TGVC.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$2.38m
Earnings	-US$2.38m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.62
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-8.5%

How did TGVC.U perform over the long term?

See historical performance and comparison

TG Venture Acquisition NasdaqGM:TGVC.U Stock Report