Acri Capital Acquisition Corporation (ACACU) Stock

About Acri Capital Acquisition Corporation

Acri Capital Acquisition Corporation's primary objective is to execute various forms of corporate combinations, such as mergers, stock exchanges, asset acquisitions, or reorganizations, involving other companies. The company specifically targets technology-driven enterprises operating in high-growth sectors such as Software-as-a-Service (SaaS), artificial intelligence (AI), cloud computing, and the Internet of Things (IoT) for these strategic partnerships. Established in 2022, the corporation maintains its headquarters in Austin, Texas.

Acri Capital Acquisition Corporation is headquartered in US.

Acri Capital Acquisition Corporation (ACACU) stock trades at $12.94 with a market capitalization of $44.48M. The stock is valued at a price-to-earnings (P/E) ratio of 61.62, price-to-book of 1.71, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $10.91 and $16.49, and currently trades 21.5% below its 52-week high.

On profitability, Acri Capital Acquisition Corporation generates a return on equity (ROE) of 1.50%, return on capital employed of -2.34%.