Chenghe Acquisition I (LATG) Stock Price, News & Analysis

Company Overview

Chenghe Acquisition I Co. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus search for an initial business combination in the TMT, green energy, biotechnology, optoelectronics, and other sectors in the Asia Pacific. The company was formerly known as LatAmGrowth SPAC and changed its name to Chenghe Acquisition I Co. in November 2023. Chenghe Acquisition I Co. was incorporated in 2021 and is based in Singapore.

Key Stats

• Today's Range: $11.50 to $11.50
• 50-Day Range: $11.41 to $11.55
• 52-Week Range: $10.76 to $11.76
• Volume: 90,000 shs
• Average Volume: 26,752 shs
• Market Capitalization: $82.71 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

LATG Stock Analysis - Frequently Asked Questions

How have LATG shares performed this year?

Chenghe Acquisition I's stock was trading at $11.03 at the start of the year. Since then, LATG shares have increased by 4.3% and is now trading at $11.50.
View the best growth stocks for 2024 here.

How were Chenghe Acquisition I's earnings last quarter?

Chenghe Acquisition I Co. (NASDAQ:LATG) posted its earnings results on Tuesday, August, 13th. The company reported $0.02 earnings per share (EPS) for the quarter.

How do I buy shares of Chenghe Acquisition I?

Shares of LATG 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.
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Company Calendar

• Last Earnings: 8/13/2024
• Today: 9/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/18/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Unclassified
• Industry: Holding & other investment offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:LATG
• CUSIP: N/A
• CIK: 1868269
• Web: www.latamgrowthspac.com
• Phone: 52-55-9178-9015
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $430,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -12.75%
• Return on Assets: -6.49%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.02
• Quick Ratio: 0.02

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $0.13 per share
• Price / Cash Flow: 87.74
• Book Value: ($0.70) per share
• Price / Book: -16.43

Miscellaneous

• Outstanding Shares: 7,192,000
• Free Float: N/A
• Market Cap: $82.71 million
• Optionable: Not Optionable
• Beta: -0.01