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

Company Overview

Churchill Capital Corp XI is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. The company does not conduct traditional commercial operations of its own and was established to raise capital through a public offering for the purpose of pursuing a merger, acquisition, or similar transaction.

Like other SPACs, Churchill Capital Corp XI places the proceeds from its offering into a trust account while its management evaluates potential target businesses. Its future activities and operating profile will depend on the company it ultimately acquires. Until a transaction is completed, the company generally has no products, services, or geographic operating footprint beyond its corporate and acquisition-related activities.

Churchill Capital Corp XI is affiliated with the Churchill Capital group, which has sponsored other special purpose acquisition companies. Public filings provide information about its directors, officers, sponsor, and acquisition strategy, but the company’s principal business remains the identification of a suitable merger target rather than the operation of an established business.

Key Stats

• Today's Range: $12.08 to $12.45
• 50-Day Range: $12.00 to $17.20
• 52-Week Range: $10.07 to $19.69
• Volume: 1.46 million shs
• Average Volume: 1.58 million shs
• Market Capitalization: $886.96 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 10% 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 -6.58, 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: 3.9 / 5
• News Sentiment: 1.19

News Sentiment

Churchill Capital Corp XI has a news sentiment score of 1.19. 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 0.57 average news sentiment score of companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Churchill Capital Corp XI this week, compared to 1 article on an average week.

Search Interest

5 people have searched for CCXI on MarketBeat in the last 30 days. This is an increase of 150% 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: 23.84
• 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: $886.96 million
• Optionable: N/A
• Beta: 1.22