TG Venture Acquisition Corp

Company Profile

TG Venture Acquisition Corp had its IPO on 2021-11-22 under the ticker symbol TGVC.

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

Stock update

Shares of TG Venture Acquisition Corp opened at $10.61 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $10.61 - $10.61, and closed at $10.61.

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 TG Venture Acquisition Corp have increased by 0%.

TG Venture Acquisition Corp's Key Ratios

TG Venture Acquisition Corp has a market cap of $45.44 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.

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

In the trailing 12-month period, TG Venture Acquisition Corp’s operating margin was 0% while its return on assets stood at -4% with a return of equity of -2230.49%.

In Q2, TG Venture Acquisition Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

TG Venture Acquisition Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.11 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 TG Venture Acquisition Corp’s profitability.

TG Venture Acquisition Corp 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.

TG Venture 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

$15.26 million

Total Liabilities

$5.43 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

TG Venture Acquisition Corp ended 2024 with $15.26 million in total assets and $0 in total liabilities. Its intangible assets were valued at $15.26 million while shareholder equity stood at $9.83 million.

TG Venture Acquisition Corp ended 2024 with $0 in deferred long-term liabilities, $5.43 million in other current liabilities, 14298860.00 in common stock, $-4467882.00 in retained earnings and $0 in goodwill. Its cash balance stood at $809199.00 and cash and short-term investments were $809199.00. The company’s total short-term debt was $519,000 while long-term debt stood at $0.

TG Venture Acquisition Corp’s total current assets stands at $976055.00 while long-term investments were $0 and short-term investments were $14.28 million. Its net receivables were $106856.00 compared to accounts payable of $3.07 million and inventory worth $0.

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

Comparatively, TG Venture Acquisition Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$10.61

52-Week High

$10.84

52-Week Low

$9.94

Analyst Target Price

$

TG Venture Acquisition Corp stock is currently trading at $10.61 per share. It touched a 52-week high of $10.84 and a 52-week low of $10.84. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $10.57 and 200-day moving average was $10.38 The short ratio stood at 0.57 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 9146.8% are held by institutions.