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Ares Acquisition Corporation II NYSE:AACT.U Stock Report

Last Price

US$10.97

Market Cap

US$679.7m

7D

-1.1%

1Y

5.2%

Updated

04 Nov, 2024

Data

Company Financials

Ares Acquisition Corporation II

NYSE:AACT.U Stock Report

Market Cap: US$679.7m

Ares Acquisition Corporation II Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ares Acquisition Corporation II
Historical stock prices
Current Share PriceUS$10.97
52 Week HighUS$11.39
52 Week LowUS$10.41
Beta0
11 Month Change1.01%
3 Month Change1.95%
1 Year Change5.18%
33 Year Changen/a
5 Year Changen/a
Change since IPO8.94%

Recent News & Updates

Recent updates

Shareholder Returns

AACT.UUS Capital MarketsUS Market
7D-1.1%-1.8%-1.6%
1Y5.2%49.0%30.8%

Return vs Industry: AACT.U underperformed the US Capital Markets industry which returned 49% over the past year.

Return vs Market: AACT.U underperformed the US Market which returned 30.8% over the past year.

Price Volatility

Is AACT.U's price volatile compared to industry and market?
AACT.U volatility
AACT.U Average Weekly Movementn/a
Capital Markets Industry Average Movement3.6%
Market Average Movement6.0%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: AACT.U's share price has been volatile over the past 3 months compared to the US market.

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

About the Company

FoundedEmployeesCEOWebsite
2021n/aDavid Kaplanwww.aresacquisitioncorporationii.com

Ares Acquisition Corporation II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Ares Acquisition Corporation II was incorporated in 2021 and is based in New York, New York.

Ares Acquisition Corporation II Fundamentals Summary

How do Ares Acquisition Corporation II's earnings and revenue compare to its market cap?
AACT.U fundamental statistics
Market capUS$679.69m
Earnings (TTM)US$26.33m
Revenue (TTM)n/a

25.8x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AACT.U income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other Expenses-US$26.33m
EarningsUS$26.33m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.42
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio-23.7%

How did AACT.U perform over the long term?

See historical performance and comparison