Altimeter Growth 2 Corp

Company Profile

Altimeter Growth 2 Corp had its IPO on 2021-01-07 under the ticker symbol AGCB.

The company operates in the Financial Services sector and Shell Companies industry. Altimeter Growth 2 Corp has a staff strength of 0 employees.

Stock update

Shares of Altimeter Growth 2 Corp opened at $10.1 at the start of the last trading session i.e. 2023-03-21.

The stocks traded within a range of $10.1 - $10.11, and closed at $10.11.

This is a +0.05% increase from the previous day's closing price.

A total volume of 1,909 shares were traded at the close of the day’s session.

In the last one week, shares of Altimeter Growth 2 Corp have increased by +0.2%.

Altimeter Growth 2 Corp's Key Ratios

Altimeter Growth 2 Corp has a market cap of $579.52 million, indicating a price to book ratio of 1.3266 and a price to sales ratio of 0.

In the last 12-months Altimeter Growth 2 Corp’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures Altimeter Growth 2 Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Altimeter Growth 2 Corp’s operating margin was 0% while its return on assets stood at 0% with a return of equity of 0%.

In Q3, Altimeter Growth 2 Corp’s quarterly earnings growth was a positive 88.4% while revenue growth was a positive 0%.

Altimeter Growth 2 Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

1010.5

PEG

Its diluted EPS in the last 12-months stands at $0.01 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Altimeter Growth 2 Corp’s profitability.

Altimeter Growth 2 Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -462.0497. Its price to sales ratio in the trailing 12-months stood at 0.

Altimeter Growth 2 Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$452.88 million

Total Liabilities

$1.15 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Altimeter Growth 2 Corp ended 2023 with $452.88 million in total assets and $0 in total liabilities. Its intangible assets were valued at $452.88 million while shareholder equity stood at $435.98 million.

Altimeter Growth 2 Corp ended 2023 with $0 in deferred long-term liabilities, $1.15 million in other current liabilities, 452740161.00 in common stock, $-16757832.00 in retained earnings and $0 in goodwill. Its cash balance stood at $46196.00 and cash and short-term investments were $46196.00. The company’s total short-term debt was $147,350 while long-term debt stood at $0.

Altimeter Growth 2 Corp’s total current assets stands at $141821.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $952790.00 and inventory worth $0.

In 2023, Altimeter Growth 2 Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Altimeter Growth 2 Corp paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$10.11

52-Week High

$10.11

52-Week Low

$9.74

Analyst Target Price

$

Altimeter Growth 2 Corp stock is currently trading at $10.11 per share. It touched a 52-week high of $10.11 and a 52-week low of $10.11. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.02 and 200-day moving average was $9.89 The short ratio stood at 0.26 indicating a short percent outstanding of 0%.

Around 352.7% of the company’s stock are held by insiders while 8608.9% are held by institutions.