Art Technology Acquisition Corp. Class A Ordinary Shares (ARTC) Stock Price, News & Analysis

Company Overview

Art Technology Acquisition Corp. is a blank-check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands. Its primary purpose is to identify and complete a merger, share exchange, asset acquisition, reorganization, or similar business combination with one or more operating companies.

The company has focused its search on businesses in the technology, media, and telecommunications sectors. Unlike an operating technology company, Art Technology Acquisition Corp. does not have established products, services, or geographic operations of its own; its activities are centered on evaluating potential acquisition targets and pursuing a qualifying transaction.

Art Technology Acquisition Corp. Class A ordinary shares trade on the Nasdaq under the symbol ARTC. Information regarding the company’s operating leadership and any completed business combination should be confirmed through its latest regulatory filings.

Key Stats

• Today's Range: $9.99 to $9.99
• 50-Day Range: $9.95 to $10.02
• 52-Week Range: $9.78 to $10.02
• Volume: 587 shs
• Average Volume: 65,568 shs
• Market Capitalization: $260.99 million
• P/E Ratio: 24.98
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

Art Technology Acquisition Corp. Class A Ordinary Shares Stock Analysis - MarketRank™

Art Technology Acquisition Corp. Class A Ordinary Shares scored higher than 20% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.7 / 5
• Analyst Rating: Sell

Consensus Rating

Art Technology Acquisition Corp. Class A Ordinary Shares has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Art Technology Acquisition Corp. Class A Ordinary Shares has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.7 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Art Technology Acquisition Corp. Class A Ordinary Shares is 24.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.94.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.03% of the float of Art Technology Acquisition Corp. Class A Ordinary Shares has been sold short.

Short Interest Ratio / Days to Cover

Art Technology Acquisition Corp. Class A Ordinary Shares has a short interest ratio ("days to cover") of 0.12, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Art Technology Acquisition Corp. Class A Ordinary Shares has recently increased by 7.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Art Technology Acquisition Corp. Class A Ordinary Shares does not currently pay a dividend.

Dividend Growth

Art Technology Acquisition Corp. Class A Ordinary Shares does not have a long track record of dividend growth.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: N/A

News Sentiment

Art Technology Acquisition Corp. Class A Ordinary Shares has a news sentiment score of 1.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Art Technology Acquisition Corp. Class A Ordinary Shares this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Art Technology Acquisition Corp. Class A Ordinary Shares insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.40% of the stock of Art Technology Acquisition Corp. Class A Ordinary Shares is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

96.79% of the stock of Art Technology Acquisition Corp. Class A Ordinary Shares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: NASDAQ:ARTC
• CIK: 2086545
• Web: www.continualmobility.com
• Phone: (267) 703-4396
• Fax: N/A
• Employees: 3
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 24.98
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

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

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 26,125,000
• Free Float: N/A
• Market Cap: $260.99 million
• Optionable: N/A
• Beta: N/A