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

Is Concord 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, Concord Acquisition Corp pays dividends. Last time was Wednesday 3rd of January 2018 where the investors holding the stock on Thursday 28th of December 2017 were paid $0.44 per share. Over the last 8 times between 2010 and 2017, Concord Acquisition Corp has paid $3.22 with an average of $0.4 per share.

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

We cannot find data for Concord Acquisition Corp 10 years ago, but if you had invested on Friday 22nd of October 2021 when the price was $9.96, you would have made a profit of $0.543 per share or 5.45%

No, the average daily trading liquidity for Concord Acquisition Corp is $12 979 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.

Concord 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 Concord 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.