Legato Merger Corp Stock Short Ratio
| LEGT Stock | 10.28 0.01 0.1% |
Legato Merger Corp fundamentals help investors to digest information that contributes to Legato Merger's financial success or failures. It also enables traders to predict the movement of Legato Stock. The fundamental analysis module provides a way to measure Legato Merger's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Legato Merger stock.
Legato |
Legato Merger Corp Company Short Ratio Analysis
Legato Merger's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Legato Merger Short Ratio | 0.16 X |
Most of Legato Merger's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Legato Merger Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Based on the latest financial disclosure, Legato Merger Corp has a Short Ratio of 0.16 times. This is 96.95% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The short ratio for all United States stocks is 96.0% higher than that of the company.
Legato Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Legato Merger's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Legato Merger could also be used in its relative valuation, which is a method of valuing Legato Merger by comparing valuation metrics of similar companies.Legato Merger is currently under evaluation in short ratio category among its peers.
Legato Merger ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Legato Merger's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Legato Merger's managers, analysts, and investors.Environmental | Governance | Social |
Legato Fundamentals
| Current Valuation | 260.94 M | ||||
| Shares Outstanding | 25.8 M | ||||
| Shares Owned By Insiders | 20.84 % | ||||
| Shares Owned By Institutions | 65.47 % | ||||
| Number Of Shares Shorted | 25.33 K | ||||
| Book Value Per Share | (0.18) X | ||||
| Short Ratio | 0.16 X | ||||
| Market Capitalization | 262.9 M |
About Legato Merger Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Legato Merger Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legato Merger using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legato Merger Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Legato Stock Analysis
When running Legato Merger's price analysis, check to measure Legato Merger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legato Merger is operating at the current time. Most of Legato Merger's value examination focuses on studying past and present price action to predict the probability of Legato Merger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legato Merger's price. Additionally, you may evaluate how the addition of Legato Merger to your portfolios can decrease your overall portfolio volatility.