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NASDAQ: FRLA
Fortune Rise Acquisition Corp Stock

$11.30+0.00 (+0%)
Updated Jul 17, 2024
FRLA Price
$11.30
Fair Value Price
N/A
Market Cap
$70.87M
52 Week Low
$10.76
52 Week High
$11.40
P/E
-23.06x
P/B
-7.14x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$1.20M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.01
Operating Cash Flow
-$3M
Beta
0.04
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

FRLA Overview

Fortune Rise Acquisition Corp is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations. It has not publicly disclosed the sector it intends to target. The company was incorporated in 2021 and is based in Metuchen, NJ.

Zen Score

Industry Average (6)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how FRLA scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

FRLA is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
FRLA is unprofitable, so we are unable to assess its PEG ratio
PEG Value Valuation
FRLA's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
There are 30 more FRLA due diligence checks available for Premium users.

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FRLA News

Valuation

FRLA price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-23.06x
Industry
7.33x
Market
30.24x

FRLA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-7.14x
Industry
-15.69x

FRLA's financial health

Profit margin

Revenue
$0.0
Net Income
-$487.2k
Profit Margin
0%
FRLA's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$35.3M
Liabilities
$10.0M
Debt to equity
-1.01
FRLA's short-term liabilities ($6.55M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FRLA's long-term liabilities ($3.42M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FRLA's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
FRLA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$215.9k
Investing
-$380.0k
Financing
$590.0k
FRLA's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

FRLA vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
FRLA$70.87M0.00%-23.06x-7.14x
PTWO$70.94M+4.29%-170.00x7.87x
DIST$69.50M+0.19%83.15x-115.00x
NVAC$69.31M0.00%95.83x-20.04x
MSSA$72.66M0.00%5.79x-13.76x

Fortune Rise Acquisition Stock FAQ

What is Fortune Rise Acquisition's quote symbol?

(NASDAQ: FRLA) Fortune Rise Acquisition trades on the NASDAQ under the ticker symbol FRLA. Fortune Rise Acquisition stock quotes can also be displayed as NASDAQ: FRLA.

If you're new to stock investing, here's how to buy Fortune Rise Acquisition stock.

What is the 52 week high and low for Fortune Rise Acquisition (NASDAQ: FRLA)?

(NASDAQ: FRLA) Fortune Rise Acquisition's 52-week high was $11.40, and its 52-week low was $10.76. It is currently -0.88% from its 52-week high and 5.02% from its 52-week low.

How much is Fortune Rise Acquisition stock worth today?

(NASDAQ: FRLA) Fortune Rise Acquisition currently has 6,271,798 outstanding shares. With Fortune Rise Acquisition stock trading at $11.30 per share, the total value of Fortune Rise Acquisition stock (market capitalization) is $70.87M.

Fortune Rise Acquisition stock was originally listed at a price of $10.03 in Nov 3, 2021. If you had invested in Fortune Rise Acquisition stock at $10.03, your return over the last 2 years would have been 12.66%, for an annualized return of 6.14% (not including any dividends or dividend reinvestments).

How much is Fortune Rise Acquisition's stock price per share?

(NASDAQ: FRLA) Fortune Rise Acquisition stock price per share is $11.30 today (as of Jul 17, 2024).

What is Fortune Rise Acquisition's Market Cap?

(NASDAQ: FRLA) Fortune Rise Acquisition's market cap is $70.87M, as of Jul 18, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Fortune Rise Acquisition's market cap is calculated by multiplying FRLA's current stock price of $11.30 by FRLA's total outstanding shares of 6,271,798.
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