FRLA 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$11.65 |
| 52 Week High | US$12.00 |
| 52 Week Low | US$10.95 |
| Beta | 0.0052 |
| 11 Month Change | 1.84% |
| 3 Month Change | 3.37% |
| 1 Year Change | n/a |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 17.20% |
Recent News & Updates
Recent updates
Shareholder Returns
| FRLA | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 4.8% | 2.5% | 1.6% |
| 1Y | n/a | 55.7% | 32.3% |
Return vs Industry: Insufficient data to determine how FRLA performed against the US Capital Markets industry.
Return vs Market: Insufficient data to determine how FRLA performed against the US Market.
Price Volatility
| FRLA volatility | |
|---|---|
| FRLA Average Weekly Movement | 3.1% |
| 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 has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FRLA's weekly volatility (3%) has been stable 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 fundamental statistics | |
|---|---|
| Market cap | US$46.20m |
| Earnings (TTM) | -US$1.55m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-29.8x
P/E RatioIs FRLA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FRLA 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) | -0.39 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | -57.6% |
How did FRLA perform over the long term?
See historical performance and comparison