Eureka Acquisition Corp Stock Today
| EURK Stock | 10.12 0.02 0.20% |
Performance10 of 100
| Odds Of DistressLess than 7
|
Eureka Acquisition is selling for 10.12 as of the 24th of November 2024. This is a 0.20 percent increase since the beginning of the trading day. The stock's last reported lowest price was 10.12. Eureka Acquisition has only a 7 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. Equity ratings for Eureka Acquisition Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
IPO Date 12th of September 2024 | Category Financial Services |
Eureka Acquisition is entity of United States. It is traded as Stock on NASDAQ exchange. More on Eureka Acquisition Corp
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Eureka Stock Highlights
| Chairman CEO | Fen Zhang |
| Business Concentration | Trading, Shell Companies, Financial Services, Shell Companies, Financial Services (View all Sectors) |
| Financial Strength | |
Eureka Acquisition Corp (EURK) is traded on NASDAQ Exchange in USA. It is located in 89 Nexus Way, Grand Cayman, Cayman Islands, KY1-9009 and employs 2 people. Eureka Acquisition is listed under Trading category by Fama And French industry classification. The company conducts business under Financial Services sector and is part of Shell Companies industry.
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Eureka Acquisition Historical Income Statement
Eureka Stock Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eureka 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 metropolitan statistical area. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Trading 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 Eureka Acquisition. If investors know Eureka 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 Eureka Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eureka Acquisition Corp is measured differently than its book value, which is the value of Eureka that is recorded on the company's balance sheet. Investors also form their own opinion of Eureka Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Eureka 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 Eureka Acquisition's market value can be influenced by many factors that don't directly affect Eureka 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 Eureka Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eureka Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eureka 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.