Is Andretti 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 Andretti Acquisition 10 years ago, but if you had invested on Monday 7th of March 2022 when the price was $9.90, you would have made a profit of $3.70 per share or 37.39%
Yes, the average daily trading liquidity for Andretti Acquisition is $117 096 thousand. You should therefore be able to get in and out of your positions relatively fast.
Andretti Acquisition has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. 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 Andretti Acquisition to be high [0.85 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.