Northern Lights Acquisition (NLIT) Stock Price, News & Analysis

Company Overview

Northern Lights Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the cannabis industry. The company was incorporated in 2021 and is based in New York, New York.

Key Stats

• Today's Range: $1.92 to $2.23
• 50-Day Range: $0.26 to $5.09
• 52-Week Range: $7.72 to $30.47
• Volume: 2.16 million shs
• Average Volume: 76,109 shs
• Market Capitalization: $33.23 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NLIT Stock Analysis - Frequently Asked Questions

How have NLIT shares performed this year?

Northern Lights Acquisition's stock was trading at $0.4503 at the start of the year. Since then, NLIT shares have increased by 395.2% and is now trading at $2.23.
View the best growth stocks for 2025 here.

How do I buy shares of Northern Lights Acquisition?

Shares of NLIT 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.

What other stocks do shareholders of Northern Lights Acquisition own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Northern Lights Acquisition investors own include AutoZone (AZO), Intel (INTC), TJX Companies (TJX), Abacus Health Products (ABAHF), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and Bank of America (BAC).

Company Calendar

• Today: 4/20/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Non - Depository Credit Institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:NLIT
• CIK: 1854963
• Web: northernlightsacquisitioncorp.com
• Phone: 510-323-2526
• 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: $1.25 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 69.39%
• Return on Assets: 1.65%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.17
• Quick Ratio: 0.17

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $0.02 per share
• Price / Cash Flow: 123.42
• Book Value: ($0.46) per share
• Price / Book: -4.85

Miscellaneous

• Outstanding Shares: 14,903,000
• Free Float: N/A
• Market Cap: $33.23 million
• Optionable: Not Optionable
• Beta: N/A