Canna-Global Acquisition Corp (CNGL) Stock

About Canna-Global Acquisition Corp

Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to identify and acquire a business that focuses on the natural resources industry comprising oil and gas sectors. The company was incorporated in 2021 and is based in Marina Del Rey, California. Canna-Global Acquisition Corp is a subsidiary of Canna-Global LLC.

Canna-Global Acquisition Corp is headquartered in US.

Canna-Global Acquisition Corp (CNGL) stock trades at $9.05 with a market capitalization of $76.44M. The stock is valued at a negative price-to-earnings (P/E) ratio of -230.87, reflecting a net loss over the last twelve months, price-to-book of 73.27, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $7.00 and $10.74, and currently trades 15.7% below its 52-week high.

On profitability, Canna-Global Acquisition Corp generates a return on equity (ROE) of -4.24% (negative, reflecting a net loss), return on capital employed of -14.62%.

Official website: canna-global.com