Algo version: 0.98b
Berenson Acquisition is listed at the NYSE Exchange
Berenson Acquisition [BACA]
NYSE Sector: Financial Services Industry:Shell Companies

Is Berenson Acquisition stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

We cannot find any recorded dividends paid in our systems.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Berenson Acquisition 10 years ago, but if you had invested on Thursday 18th of November 2021 when the price was $9.70, you would have made a profit of $0.890 per share or 9.18%

No, the average daily trading liquidity for Berenson Acquisition is $1 270 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

Berenson Acquisition has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Berenson Acquisition to be medium [0.6 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.