Finnovate Acquisition (FNVT) Stock Price, News & Analysis

Company Overview

Finnovate Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on the acquisition of Israel-related companies, including companies focused on payments, insuretech, wealthtech, regtech, digital banking, fintech as a service, banking as a service, cyber area for financial institutions, blockchain and crypto, algo-trading and exchanges, and lending and credit line platforms. Finnovate Acquisition Corp. was incorporated in 2021 and is based in George Town, the Cayman Islands.

Key Stats

• Today's Range: $11.62 to $11.68
• 50-Day Range: $11.51 to $11.69
• 52-Week Range: $10.98 to $12.83
• Volume: 9,800 shs
• Average Volume: 36,066 shs
• Market Capitalization: $77.97 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

FNVT Stock Analysis - Frequently Asked Questions

How have FNVT shares performed this year?

Finnovate Acquisition's stock was trading at $11.07 at the beginning of 2024. Since then, FNVT stock has increased by 5.0% and is now trading at $11.62.
View the best growth stocks for 2024 here.

Who are Finnovate Acquisition's major shareholders?

Top institutional shareholders of Finnovate Acquisition include Mizuho Securities USA LLC (37.26%), Glazer Capital LLC (3.59%) and Wolverine Asset Management LLC (3.00%).

How do I buy shares of Finnovate Acquisition?

Shares of FNVT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Finnovate Acquisition own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Finnovate Acquisition investors own include Andretti Acquisition Corp. II (POLEU), Agriculture & Natural Solutions Acquisition (ANSC), Alpha Star Acquisition (ALSA), Alchemy Investments Acquisition Corp 1 (ALCY), AI Transportation Acquisition (AITR), Aimfinity Investment Corp. I (AIMAU) and Aimei Health Technology (AFJK).

Company Calendar

• Today: 11/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Unclassified
• Industry: Holding & other investment offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:FNVT
• CUSIP: N/A
• CIK: 1857855
• Web: www.finnovateacquisition.com
• Phone: 347-743-4664
• Fax: N/A
• Employees: 2,021
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 6,710,000
• Free Float: 2,476,000
• Market Cap: $77.97 million
• Optionable: Not Optionable
• Beta: 0.01