Churchill Capital Corp XI (CCXI) Stock Price, News & Analysis

Company Overview

Churchill Capital Corp XI (NASDAQ: CCXI) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses.

As a SPAC, Churchill Capital Corp XI does not conduct significant commercial operations or offer products and services of its own. Its activities are primarily focused on evaluating potential acquisition targets and completing a transaction that would result in a publicly traded operating company.

The company was established as part of the Churchill Capital series of blank-check companies associated with investment banker Michael Klein. Its geographic focus and future business activities will depend on the target company selected for its business combination. Until such a transaction is completed, the company remains in the search and evaluation stage.

Key Stats

• Today's Range: $11.71 to $12.15
• 50-Day Range: $11.62 to $17.20
• 52-Week Range: $10.07 to $19.69
• Volume: 2.11 million shs
• Average Volume: 1.61 million shs
• Market Capitalization: $855.56 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

Churchill Capital Corp XI Stock Analysis - MarketRank™

Churchill Capital Corp XI scored higher than 3% 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

Churchill Capital Corp XI 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

Churchill Capital Corp XI has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Churchill Capital Corp XI is -6.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.88% of the float of Churchill Capital Corp XI has been sold short.

Short Interest Ratio / Days to Cover

Churchill Capital Corp XI has a short interest ratio ("days to cover") of 2.12, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Churchill Capital Corp XI has recently increased by 12.68%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Churchill Capital Corp XI does not currently pay a dividend.

Dividend Growth

Churchill Capital Corp XI does not have a long track record of dividend growth.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Churchill Capital Corp XI this week, compared to 1 article on an average week.

Search Interest

6 people have searched for CCXI on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Churchill Capital Corp XI to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Churchill Capital Corp XI insiders have not sold or bought any company stock.

Percentage Held by Insiders

8.30% of the stock of Churchill Capital Corp XI is held by insiders.

Percentage Held by Institutions

81.09% of the stock of Churchill Capital Corp XI 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:CCXI
• CIK: 2074973
• Web: churchillcapital-11.com
• Phone: (212) 380-7500
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• 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: $37.20 million
• Price / Sales: 23.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 71,356,000
• Free Float: N/A
• Market Cap: $855.56 million
• Optionable: N/A
• Beta: 1.22