Target Global Acquisition Stock Today
| TGAA Stock | USD 11.32 0.01 0.09% |
Performance3 of 100
| Odds Of DistressLess than 29
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Target Global is trading at 11.32 as of the 22nd of November 2024, a 0.09% down since the beginning of the trading day. The stock's open price was 11.33. Target Global has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Target Global Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 1st of February 2022 | Classification Financials |
Target Global Acquisition I Corp. does not have significant operations. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands. Target Global is traded on NASDAQ Exchange in the United States. The company has 7.13 M outstanding shares of which 2.31 K shares are at this time shorted by private and institutional investors with about 0.66 trading days to cover. More on Target Global Acquisition
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Target Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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| Debt LevelsTarget Global 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 Target Global's financial leverage. It provides some insight into what part of Target Global's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||
Target Global Acquisition (TGAA) is traded on NASDAQ Exchange in USA. It is located in 23 Lime Tree Bay Avenue, Grand Cayman, Cayman Islands, KY1-1002 and employs 4 people. Target Global is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 81.05 M. Target Global Acquisition conducts business under Capital Markets sector and is part of Financials industry. The entity has 7.13 M outstanding shares of which 2.31 K shares are at this time shorted by private and institutional investors with about 0.66 trading days to cover.
Target Global Acquisition currently holds about 416.82 K in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
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Ownership AllocationThe market capitalization of Target Global is $81.05 Million. Target Global Acquisition has 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. 75.12 % of Target Global outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Also note that roughly seven hundred five thousand two invesors are currently shorting Target Global expressing very little confidence in its future performance.
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Target Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Tidal Investments Llc. | 2024-06-30 | 23.3 K | |
| Atlas Merchant Capital Llc | 2024-09-30 | 21.1 K | |
| Walleye Trading Llc | 2024-06-30 | 18.4 K | |
| Virtu Financial Llc | 2024-06-30 | 14.8 K | |
| Tuttle Capital Management, Llc | 2024-09-30 | 13.3 K | |
| Clear Street Llc | 2024-06-30 | 913 | |
| Bck Capital Management Lp | 2024-09-30 | 0.0 | |
| Hsbc Holdings Plc | 2024-06-30 | 0.0 | |
| Verition Fund Managegment, Llc | 2024-06-30 | 0.0 | |
| Quarry Lp | 2024-06-30 | 481.6 K | |
| Berkley W R Corp | 2024-06-30 | 480.4 K |
Target Global Historical Income Statement
Target Stock Against Markets
Target Global Corporate Management
| Yaron Valler | Chief Officer | Profile | |
| Shmuel Chafets | Chief Officer | Profile | |
| Heiko Dimmerling | CFO Director | Profile | |
| Michael Minnick | Chief Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Global Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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 Target Global. If investors know Target 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 Target Global 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 0.313 | Earnings Share 0.14 | Return On Assets (0.03) |
The market value of Target Global Acquisition is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Global's value that differs from its market value or its book value, called intrinsic value, which is Target Global'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 Target Global's market value can be influenced by many factors that don't directly affect Target Global'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 Target Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Global'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.