Future Money Acquisition (FMAC) Stock Price, News & Analysis

Company Overview

Future Money Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Unlike an operating business, the company does not manufacture products or provide established commercial services of its own.

Its stated investment focus has centered on opportunities in the financial services and financial technology sectors. The company’s activities have primarily involved raising capital through a public offering, evaluating potential acquisition targets, and pursuing a merger or similar transaction intended to take a private operating company public.

Because Future Money Acquisition Corp. was organized as a blank-check company, publicly available information about its operating history, geographic customer base, products and services, and long-term leadership structure is limited. These characteristics may change if the company completes a business combination.

Key Stats

• Today's Range: $10.06 to $10.08
• 50-Day Range: $10.00 to $10.13
• 52-Week Range: $9.90 to $10.09
• Volume: 20,254 shs
• Average Volume: 71,212 shs
• Market Capitalization: $521.90 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

Future Money Acquisition Stock Analysis - MarketRank™

Future Money Acquisition scored higher than 16% 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

Future Money Acquisition 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

Future Money Acquisition has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

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

Short Interest

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

Percentage of Shares Shorted

0.11% of the float of Future Money Acquisition has been sold short.

Short Interest Ratio / Days to Cover

Future Money Acquisition has a short interest ratio ("days to cover") of 334.39, which indicates bearish sentiment.

Change versus previous month

Short interest in Future Money Acquisition has recently decreased by 0.01%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Future Money Acquisition does not currently pay a dividend.

Dividend Growth

Future Money Acquisition does not have a long track record of dividend growth.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: N/A

News Sentiment

Future Money Acquisition has a news sentiment score of 1.79. 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 0.63 average news sentiment score of companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Future Money Acquisition this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Future Money Acquisition insiders have not sold or bought any company stock.

Percentage Held by Institutions

73.56% of the stock of Future Money Acquisition 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:FMAC
• CIK: 2099232
• Web: N/A
• Phone: (647) 986-0980
• 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: 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: 51,750,000
• Free Float: N/A
• Market Cap: $521.90 million
• Optionable: N/A
• Beta: -0.01