Legato Merger Ii Stock Today
| LGTO Stock | USD 3.14 0.07 2.28% |
Performance0 of 100
| Odds Of DistressOver 53
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Legato Merger is selling at 3.14 as of the 24th of November 2024; that is 2.28% increase since the beginning of the trading day. The stock's open price was 3.07. Legato Merger has 53 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Legato Merger II are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 23rd of December 2021 | Category Industrials |
The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York. The company has 35.91 M outstanding shares of which 11.05 K shares are now shorted by private and institutional investors with about 0.13 trading days to cover. More on Legato Merger II
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Legato Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Business Concentration | Construction & Engineering, Construction & Engineering, Industrials, Industrials, Construction & Engineering, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsLegato Merger 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 Legato Merger's financial leverage. It provides some insight into what part of Legato Merger's total assets is financed by creditors.
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Legato Merger II (LGTO) is traded on NASDAQ Exchange in USA and employs 3 people. Legato Merger is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 321.04 M. Legato Merger II conducts business under Construction & Engineering sector and is part of Industrials industry. The entity has 35.91 M outstanding shares of which 11.05 K shares are now shorted by private and institutional investors with about 0.13 trading days to cover.
Legato Merger II currently holds about 520.84 K in cash with (10.26 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership AllocationLegato Merger II maintains a total of 35.91 Million outstanding shares. The majority of Legato Merger outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Legato Merger II to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Legato Merger II. Please pay attention to any change in the institutional holdings of Legato Merger as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Legato Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Exos Asset Management, Llc | 2024-03-31 | 0.0 |
Legato Merger II Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Legato Merger market risk premium is the additional return an investor will receive from holding Legato Merger long position in a well-diversified portfolio.
| Mean Deviation | 3.8 | |||
| Standard Deviation | 5.81 | |||
| Variance | 33.75 | |||
| Risk Adjusted Performance | (0.02) |
Legato Stock Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legato Merger II. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Construction & Engineering 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 Legato Merger. If investors know Legato 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 Legato Merger 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 Legato Merger II is measured differently than its book value, which is the value of Legato that is recorded on the company's balance sheet. Investors also form their own opinion of Legato Merger's value that differs from its market value or its book value, called intrinsic value, which is Legato Merger'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 Legato Merger's market value can be influenced by many factors that don't directly affect Legato Merger'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 Legato Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legato Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legato Merger'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.