Ignyte Acquisition (IGNY) Stock Price, News & Analysis

Company Overview

Ignyte Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company intends to focus on target businesses in the life sciences, biotechnology, and healthcare sectors. Ignyte Acquisition Corp. was incorporated in 2020 and is based in New York, New York.

Key Stats

• Today's Range: $0.05 to $0.07
• 50-Day Range: $0.00 to $13.05
• 52-Week Range: $8.62 to $15.00
• Volume: 1,931 shs
• Average Volume: 26,174 shs
• Market Capitalization: $509,600.00
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

IGNY Stock Analysis - Frequently Asked Questions

How have IGNY shares performed this year?

Ignyte Acquisition's stock was trading at $13.05 at the beginning of 2024. Since then, IGNY shares have decreased by 99.5% and is now trading at $0.07.
View the best growth stocks for 2024 here.

How do I buy shares of Ignyte Acquisition?

Shares of IGNY 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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Company Calendar

• Today: 10/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: N/A
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:IGNY
• Previous Symbol: NASDAQ:IGNY
• CUSIP: N/A
• CIK: 1834645
• Web: ignytespac.com
• Phone: 212-409-2000
• Fax: N/A
• Employees: 3
• 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: $-490,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 365.46%
• Return on Assets: -0.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.14
• Quick Ratio: 0.14

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.28) per share
• Price / Book: -0.25

Miscellaneous

• Outstanding Shares: 7,280,000
• Free Float: 5,831,000
• Market Cap: $509,600.00
• Optionable: Not Optionable
• Beta: 0.19