NASDAQ
BYTS

BYTE Acquisition Corp

Shell Companies
Financial Services

Prices are adjusted according to historical splits.

BYTE Acquisition Corp Stock Price

Vitals

Today's Low:
$10.75
Today's High:
$10.75
Open Price:
$10.75
52W Low:
$9.76
52W High:
$11.5
Prev. Close:
$10.69
Volume:
331

Company Statistics

Market Cap.:
$213.40 million
Book Value:
-1.223
Revenue TTM:
$0
Operating Margin TTM:
0%
Gross Profit TTM:
$0
Profit Margin:
0%
Return on Assets TTM:
-0.61%
Return on Equity TTM:
0%

Company Profile

BYTE Acquisition Corp had its IPO on 2021-05-10 under the ticker symbol BYTS.

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

Stock update

Shares of BYTE Acquisition Corp opened at $10.75 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.75 - $10.75, and closed at $10.75.

This is a +0.56% increase from the previous day's closing price.

A total volume of 331 shares were traded at the close of the day’s session.

In the last one week, shares of BYTE Acquisition Corp have increased by +0.47%.

BYTE Acquisition Corp's Key Ratios

BYTE Acquisition Corp has a market cap of $213.40 million, indicating a price to book ratio of 1.3265 and a price to sales ratio of 0.

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

In the trailing 12-month period, BYTE Acquisition Corp’s operating margin was 0% while its return on assets stood at -0.61% with a return of equity of 0%.

In Q1, BYTE Acquisition Corp’s quarterly earnings growth was a negative -66.4% while revenue growth was a positive 0%.

BYTE Acquisition Corp’s PE and PEG Ratio

Forward PE
0
Trailing PE
68.125
PEG

Its diluted EPS in the last 12-months stands at $0.16 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 BYTE Acquisition Corp’s profitability.

BYTE Acquisition Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -334.3027. Its price to sales ratio in the trailing 12-months stood at 0.

BYTE Acquisition 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
$25.87 million
Total Liabilities
$1.06 million
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
0%

BYTE Acquisition Corp ended 2024 with $25.87 million in total assets and $0 in total liabilities. Its intangible assets were valued at $25.87 million while shareholder equity stood at $10.98 million.

BYTE Acquisition Corp ended 2024 with $0 in deferred long-term liabilities, $1.06 million in other current liabilities, 25018706.00 in common stock, $-14043570.00 in retained earnings and $0 in goodwill. Its cash balance stood at $568236.00 and cash and short-term investments were $568236.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

BYTE Acquisition Corp’s total current assets stands at $748826.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $65442.00 and inventory worth $0.

In 2024, BYTE Acquisition Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, BYTE Acquisition Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$10.75
52-Week High
$11.5
52-Week Low
$9.76
Analyst Target Price
$

BYTE Acquisition Corp stock is currently trading at $10.75 per share. It touched a 52-week high of $11.5 and a 52-week low of $11.5. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.71 and 200-day moving average was $10.41 The short ratio stood at 29.69 indicating a short percent outstanding of 0%.

Around 3035.5% of the company’s stock are held by insiders while 93134.19% are held by institutions.

Frequently Asked Questions About BYTE Acquisition Corp

The stock symbol (also called stock or share ticker) of BYTE Acquisition Corp is BYTS

The IPO of BYTE Acquisition Corp took place on 2021-05-10

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About

BYTE Acquisition Corp. 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 or entities. The company intends to focus its search for targets in the Israeli technology industry, including cybersecurity, automotive technology, fintech, enterprise software, cloud computing, semiconductors, medical technology, artificial intelligence, and robotics. BYTE Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

Address

445 Park Avenue, New York, NY, United States, 10022