NASDAQ: GLAC
Global Lights Acquisition Corp Stock

$10.64+0.02 (+0.19%)
Updated Dec 6, 2024
GLAC Price
$10.64
Fair Value Price
N/A
Market Cap
$95.49M
52 Week Low
$10.05
52 Week High
$10.95
P/E
-3.41x
P/B
-32.55x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$2.31M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.02
Operating Cash Flow
-$2M
Beta
0.02
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

GLAC Overview

Global Lights Acquisition Corp intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Beijing, the People's Republic of China.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine GLAC's potential to beat the market

DSell
  • Stocks with a Zen Rating of Sell (D) had an average loss of -4.50% per year. Learn More

Zen Rating Component Grades

C
Value
C
Growth
C
Momentum
C
Sentiment
C
Safety
D
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Shell Company

Industry Rating
D
GLAC
Ranked
#33 of 34

Top Ranked Stocks in Industry

View Top Shell Company Stocks

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GLAC News

Overview

Due Diligence Score

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

Due Diligence Checks

GLAC 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
GLAC is unprofitable, so we are unable to assess its PEG ratio
PEG Value Valuation
GLAC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
There are 30 more GLAC due diligence checks available for Premium users.

Valuation

GLAC price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-3.41x
Industry
0.37x
Market
29.86x

GLAC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
-32.55x
Industry
-26.79x

GLAC's financial health

Profit margin

Revenue
$0.0
Net Income
$783.8k
Profit Margin
0%
GLAC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$72.6M
Liabilities
$3.0M
Debt to equity
-1.02
GLAC's short-term liabilities ($572.19k) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GLAC's long-term liabilities ($2.42M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GLAC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GLAC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$224.9k
Investing
$0.0
Financing
$0.0
GLAC's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

GLAC vs Shell Company Stocks

TickerZen RatingMarket Cap1d %P/EP/B
GLACD$95.49M+0.19%-3.41x-32.55x
EVGR–$95.32M+0.17%42.18x-9.89x
AFJK–$95.68M0.00%34.19x-120.06x
QETAC$94.30M+0.09%N/A-43.96x
CITE–$93.51M+0.17%-14.61x-8.48x

Global Lights Acquisition Stock FAQ

What is Global Lights Acquisition's quote symbol?

(NASDAQ: GLAC) Global Lights Acquisition trades on the NASDAQ under the ticker symbol GLAC. Global Lights Acquisition stock quotes can also be displayed as NASDAQ: GLAC.

If you're new to stock investing, here's how to buy Global Lights Acquisition stock.

What is the 52 week high and low for Global Lights Acquisition (NASDAQ: GLAC)?

(NASDAQ: GLAC) Global Lights Acquisition's 52-week high was $10.95, and its 52-week low was $10.05. It is currently -2.83% from its 52-week high and 5.87% from its 52-week low.

How much is Global Lights Acquisition stock worth today?

(NASDAQ: GLAC) Global Lights Acquisition currently has 8,975,000 outstanding shares. With Global Lights Acquisition stock trading at $10.64 per share, the total value of Global Lights Acquisition stock (market capitalization) is $95.49M.

Global Lights Acquisition stock was originally listed at a price of $10.17 in Nov 14, 2023. If you had invested in Global Lights Acquisition stock at $10.17, your return over the last 1 years would have been 4.67%, for an annualized return of 4.67% (not including any dividends or dividend reinvestments).

How much is Global Lights Acquisition's stock price per share?

(NASDAQ: GLAC) Global Lights Acquisition stock price per share is $10.64 today (as of Dec 6, 2024).

What is Global Lights Acquisition's Market Cap?

(NASDAQ: GLAC) Global Lights Acquisition's market cap is $95.49M, as of Dec 9, 2024.

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

Global Lights Acquisition's market cap is calculated by multiplying GLAC's current stock price of $10.64 by GLAC's total outstanding shares of 8,975,000.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.