Algo version: 0.98b
Concord Acquisition Corp is listed at the NYSE Exchange
Concord Acquisition Corp [CNDB-WT]
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!

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 Concord Acquisition Corp 10 years ago, but if you had invested on Wednesday 24th of May 2023 when the price was $0.135, you would have made a profit of $0.115 per share or 85.60%

We do not have enough data to give you this answer.

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 [0.7 of 1]

US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.