Burtech Acquisition Corp Stock Today

BRKH Stock  USD 11.44  0.03  0.26%   

Performance

14 of 100

 
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Good

Odds Of Distress

Over 54

 
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Average
BurTech Acquisition is trading at 11.44 as of the 26th of November 2024. This is a 0.26% increase since the beginning of the trading day. The stock's open price was 11.41. BurTech Acquisition has 54 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for BurTech Acquisition Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
31st of January 2022
Classification
Financials
Burtech Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Washington, District of Columbia. Burtech Acquisition is traded on NASDAQ Exchange in the United States. The company has 15.16 M outstanding shares of which 4.25 K shares are currently shorted by private and institutional investors with about 0.38 trading days to cover. More on BurTech Acquisition Corp

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BurTech Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President DirectorIsaac Chetrit
Business ConcentrationAsset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors)
Debt Levels
BurTech Acquisition can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BurTech Acquisition's financial leverage. It provides some insight into what part of BurTech Acquisition's total assets is financed by creditors.
BurTech Acquisition Corp (BRKH) is traded on NASDAQ Exchange in USA. It is located in 1300 Pennsylvania Avenue NW, Washington, DC, United States, 20004 and employs 5 people. BurTech Acquisition is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 173.46 M. BurTech Acquisition Corp conducts business under Capital Markets sector and is part of Financials industry. The entity has 15.16 M outstanding shares of which 4.25 K shares are currently shorted by private and institutional investors with about 0.38 trading days to cover. BurTech Acquisition Corp currently holds about 621.58 K in cash with (2.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check BurTech Acquisition Probability Of Bankruptcy
Ownership Allocation
BurTech Acquisition holds a total of 15.16 Million outstanding shares. BurTech Acquisition Corp shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 68.49 percent of BurTech Acquisition Corp outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that nearly one thousand five hundred sixteen invesors are currently shorting BurTech Acquisition expressing very little confidence in its future performance.
Check BurTech Ownership Details

BurTech Stock Institutional Holders

InstituionRecorded OnShares
Walleye Trading Llc2024-06-30
154.6 K
Spartan Fund Management Inc.2024-09-30
150.1 K
Westchester Capital Management Llc2024-09-30
100 K
Robinson Capital Management, Inc.2024-09-30
33.1 K
Virtu Financial Llc2024-06-30
14.7 K
Wolverine Asset Management Llc2024-09-30
9.5 K
Mizuho Securities Usa Inc2024-09-30
9.4 K
Clear Street Llc2024-06-30
3.2 K
Tower Research Capital Llc2024-06-30
61.0
First Trust Capital Management L.p.2024-09-30
766.5 K
Karpus Management Inc2024-06-30
485.9 K
View BurTech Acquisition Diagnostics

BurTech Acquisition Historical Income Statement

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BurTech Stock Against Markets

BurTech Acquisition Corporate Management

When determining whether BurTech Acquisition Corp is a strong investment it is important to analyze BurTech Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BurTech Acquisition's future performance. For an informed investment choice regarding BurTech Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BurTech Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BurTech Acquisition. If investors know BurTech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BurTech Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.99)
Earnings Share
(0.15)
Return On Assets
(0.03)
The market value of BurTech Acquisition Corp is measured differently than its book value, which is the value of BurTech that is recorded on the company's balance sheet. Investors also form their own opinion of BurTech Acquisition's value that differs from its market value or its book value, called intrinsic value, which is BurTech Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BurTech Acquisition's market value can be influenced by many factors that don't directly affect BurTech Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BurTech Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if BurTech Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BurTech Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.