Sound Point Acquisition Corp I Ltd Unit

Company Profile

Sound Point Acquisition Corp I Ltd Unit had its IPO on 2022-03-02 under the ticker symbol SPCMU.

The company operates in the Financials sector and Investment Banking & Investment Services industry. Sound Point Acquisition Corp I Ltd Unit has a staff strength of 0 employees.

Stock update

Shares of Sound Point Acquisition Corp I Ltd Unit opened at $10.66 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.66 - $10.66, and closed at $10.66.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Sound Point Acquisition Corp I Ltd Unit have increased by 0%.

Sound Point Acquisition Corp I Ltd Unit's Key Ratios

Sound Point Acquisition Corp I Ltd Unit has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.

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

In the trailing 12-month period, Sound Point Acquisition Corp I Ltd Unit’s operating margin was 0% while its return on assets stood at -0.39% with a return of equity of 0%.

In Q1, Sound Point Acquisition Corp I Ltd Unit’s quarterly earnings growth was a positive 159.4% while revenue growth was a positive 0%.

Sound Point Acquisition Corp I Ltd Unit’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $0 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 Sound Point Acquisition Corp I Ltd Unit’s profitability.

Sound Point Acquisition Corp I Ltd Unit stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Sound Point Acquisition Corp I Ltd Unit 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

$274.20 million

Total Liabilities

$40000.00

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Sound Point Acquisition Corp I Ltd Unit ended 2024 with $274.20 million in total assets and $0 in total liabilities. Its intangible assets were valued at $274.20 million while shareholder equity stood at $262.22 million.

Sound Point Acquisition Corp I Ltd Unit ended 2024 with $0 in deferred long-term liabilities, $40000.00 in other current liabilities, 273307794.00 in common stock, $-11083012.00 in retained earnings and $0 in goodwill. Its cash balance stood at $499304.00 and cash and short-term investments were $499304.00. The company’s total short-term debt was $0 while long-term debt stood at $0.

Sound Point Acquisition Corp I Ltd Unit’s total current assets stands at $888273.00 while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Sound Point Acquisition Corp I Ltd Unit's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Sound Point Acquisition Corp I Ltd Unit paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$10.66

52-Week High

$11.203

52-Week Low

$10.15

Analyst Target Price

$

Sound Point Acquisition Corp I Ltd Unit stock is currently trading at $10.66 per share. It touched a 52-week high of $11.203 and a 52-week low of $11.203. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.68 and 200-day moving average was $10.43 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 885.4% are held by institutions.