FRLA.U Stock Overview
Does not have significant operations. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Fortune Rise Acquisition Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.69 |
| 52 Week High | US$12.29 |
| 52 Week Low | US$10.95 |
| Beta | 0.0052 |
| 11 Month Change | 0% |
| 3 Month Change | 3.82% |
| 1 Year Change | n/a |
| 33 Year Change | 16.09% |
| 5 Year Change | n/a |
| Change since IPO | 16.55% |
Recent News & Updates
Recent updates
Shareholder Returns
| FRLA.U | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0% | 2.5% | 1.6% |
| 1Y | n/a | 55.7% | 32.3% |
Return vs Industry: Insufficient data to determine how FRLA.U performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how FRLA.U performed against the US Market.
Price Volatility
| FRLA.U volatility | |
|---|---|
| FRLA.U Average Weekly Movement | n/a |
| Capital Markets Industry Average Movement | 3.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: FRLA.U's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: Insufficient data to determine FRLA.U's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2021 | n/a | Ryan Spick | n/a |
Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2021 and is based in Clearwater, Florida.
Fortune Rise Acquisition Corporation Fundamentals Summary
| FRLA.U fundamental statistics | |
|---|---|
| Market cap | US$73.32m |
| Earnings (TTM) | -US$1.55m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-47.4x
P/E RatioIs FRLA.U overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FRLA.U income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$1.55m |
| Earnings | -US$1.55m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.25 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | -57.6% |
How did FRLA.U perform over the long term?
See historical performance and comparison