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NYSEMKT: ADEX
Adit Edtech Acquisition Corp Stock

$10.67+0.00 (+0%)
Updated Sep 29, 2023
ADEX Price
$10.67
Fair Value Price
N/A
Market Cap
$94.96M
52 Week Low
$9.81
52 Week High
$10.95
P/E
-76.21x
P/B
-6.24x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$724.14k
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
-1
Operating Cash Flow
-$2M
Beta
0.02
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

ADEX Overview

Adit EdTech Acquisition Corp. is a "blank check" company formed to effect mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar combinations with one or more businesses. The company targets the education, training, and education technology sectors. The company was incorporated in 2020 and is based in New York, NY.

Zen Score

Industry Average (5)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how ADEX scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

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

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ADEX News

Valuation

ADEX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-76.21x
Industry
11.48x
Market
12.37x

ADEX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
-6.24x
Industry
-15.26x

ADEX's financial health

Profit margin

Revenue
$0.0
Net Income
-$686.0k
Profit Margin
0%
ADEX's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$26.4M
Liabilities
$15.2M
Debt to equity
-1
ADEX's short-term liabilities ($7.81M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ADEX's long-term liabilities ($7.39M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ADEX's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ADEX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$221.1k
Investing
-$407.1k
Financing
$444.1k
ADEX's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

ADEX vs Shell Company Stocks

TickerMarket Cap1d %P/EP/B
ADEX$94.96M0.00%-76.21x-6.24x
PMGM$95.28M0.00%30.00x-6.92x
ATMC$95.34M0.00%-11.35x-40.32x
INAQ$94.24M0.00%33.28x-12.83x
BLAC$94.17M0.00%260.00x-44.96x

Adit Edtech Acquisition Stock FAQ

What is Adit Edtech Acquisition's quote symbol?

(NYSEMKT: ADEX) Adit Edtech Acquisition trades on the NYSEMKT under the ticker symbol ADEX. Adit Edtech Acquisition stock quotes can also be displayed as NYSEMKT: ADEX.

If you're new to stock investing, here's how to buy Adit Edtech Acquisition stock.

What is the 52 week high and low for Adit Edtech Acquisition (NYSEMKT: ADEX)?

(NYSEMKT: ADEX) Adit Edtech Acquisition's 52-week high was $10.95, and its 52-week low was $9.81. It is currently -2.56% from its 52-week high and 8.77% from its 52-week low.

How much is Adit Edtech Acquisition stock worth today?

(NYSEMKT: ADEX) Adit Edtech Acquisition currently has 8,900,026 outstanding shares. With Adit Edtech Acquisition stock trading at $10.67 per share, the total value of Adit Edtech Acquisition stock (market capitalization) is $94.96M.

Adit Edtech Acquisition stock was originally listed at a price of $10.27 in Jan 13, 2021. If you had invested in Adit Edtech Acquisition stock at $10.27, your return over the last 2 years would have been 3.89%, for an annualized return of 1.93% (not including any dividends or dividend reinvestments).

How much is Adit Edtech Acquisition's stock price per share?

(NYSEMKT: ADEX) Adit Edtech Acquisition stock price per share is $10.67 today (as of Sep 29, 2023).

What is Adit Edtech Acquisition's Market Cap?

(NYSEMKT: ADEX) Adit Edtech Acquisition's market cap is $94.96M, as of Oct 1, 2023.

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

Adit Edtech Acquisition's market cap is calculated by multiplying ADEX's current stock price of $10.67 by ADEX's total outstanding shares of 8,900,026.
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