Is Bite Acquisition Corp. stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Bite Acquisition Corp. pays dividends. Last time was Tuesday 20th of December 2016 where the investors holding the stock on Thursday 15th of December 2016 were paid $0.1 per share. Over the last 2 times between 2016 and 2016, Bite Acquisition Corp. has paid $0.35 with an average of $0.18 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Bite Acquisition Corp. 10 years ago, but if you had invested on Tuesday 6th of April 2021 when the price was $9.80, you would have made a loss of $-7.55 per share or -77.04%
No, the average daily trading liquidity for Bite Acquisition Corp. is $14 546 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.
Bite Acquisition Corp. 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 Bite Acquisition Corp. 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.