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NASDAQ: LITT
Logistics Innovation Technologies Corp Stock

$10.20+0.07 (+0.69%)
Updated Mar 27, 2023
LITT Price
$10.20
Fair Value Price
N/A
Market Cap
$434.64M
52 Week Low
$9.64
52 Week High
$10.97
P/E
3.64x
P/B
-33.36x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
$14.46M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1.1
Operating Cash Flow
-$726k
Beta
0.02
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

LITT Overview

Logistics Innovation Technologies Corporation is a "blank check" company formed to effect mergers, stock purchases, or similar combinations with one or more businesses. It targets the logistics sector. Logistics Innovation Technologies was incorporated in 2021 and is headquartered in Atlanta, GA.

Zen Score

Industry Average (7)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how LITT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

LITT is good value based on its earnings relative to its share price (3.64x), compared to the US market average (21.44x)
P/E vs Market Valuation
LITT is good value based on its earnings relative to its share price (3.64x), compared to the US Shell Companies industry average (21.14x)
P/E vs Industry Valuation
LITT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
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LITT News

Valuation

LITT fair value

Fair Value of LITT stock based on Discounted Cash Flow (DCF)
Price
$10.20
Fair Value
$10.04
Overvalued by
1.54%

LITT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
3.64x
Industry
21.14x
Market
21.44x
LITT is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
LITT is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

LITT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-33.36x
Industry
-37.93x

LITT's financial health

Profit margin

Revenue
$0.0
Net Income
$1.9M
Profit Margin
0%
LITT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$343.5M
Liabilities
$14.3M
Debt to equity
-1.1
LITT's short-term assets ($816.81k) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
LITT's long-term liabilities ($13.49M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
LITT's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
LITT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$308.0k
Investing
$265.9k
Financing
$0.0
LITT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

LITT vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
LITT$434.64M+0.69%3.64x-33.36x
SLAC$435.13M+0.30%72.07x-22.98x
TWNI$435.56M0.00%53.16x-29.94x
MEKA$436.11M+0.69%3.85x-201.92x
FRXB$436.19M+0.20%31.16x-33.40x

Logistics Innovation Technologies Stock FAQ

What is Logistics Innovation Technologies's quote symbol?

NASDAQ: LITT) Logistics Innovation Technologies trades on the NASDAQ under the ticker symbol LITT. Logistics Innovation Technologies stock quotes can also be displayed as NASDAQ: LITT.

If you're new to stock investing, here's how to buy Logistics Innovation Technologies stock.

What is the 52 week high and low for Logistics Innovation Technologies (NASDAQ: LITT)?

(NASDAQ: LITT) Logistics Innovation Technologies's 52-week high was $10.97, and its 52-week low was $9.64. It is currently -7.02% from its 52-week high and 5.81% from its 52-week low.

How much is Logistics Innovation Technologies stock worth today?

(NASDAQ: LITT) Logistics Innovation Technologies currently has 42,612,014 outstanding shares. With Logistics Innovation Technologies stock trading at $10.20 per share, the total value of Logistics Innovation Technologies stock (market capitalization) is $434.64M.

Logistics Innovation Technologies stock was originally listed at a price of $10.00 in Jun 11, 2021. If you had invested in Logistics Innovation Technologies stock at $10.00, your return over the last 1 years would have been 2%, for an annualized return of 2% (not including any dividends or dividend reinvestments).

How much is Logistics Innovation Technologies's stock price per share?

(NASDAQ: LITT) Logistics Innovation Technologies stock price per share is $10.20 today (as of Mar 27, 2023).

What is Logistics Innovation Technologies's Market Cap?

(NASDAQ: LITT) Logistics Innovation Technologies's market cap is $434.64M, as of Mar 29, 2023.

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

Logistics Innovation Technologies's market cap is calculated by multiplying LITT's current stock price of $10.20 by LITT's total outstanding shares of 42,612,014.
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